Deutsche Bank Reaffirms “Buy” Rating for Smiths Group (SMIN)
A number of other equities analysts have also recently commented on the company. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 1,800 ($24.23) price target on shares of Smiths Group in a research note on Wednesday, November 15th. Credit Suisse Group reaffirmed an outperform rating on shares of Smiths Group in a research note on Friday, October 13th. reaffirmed a buy rating and issued a GBX 1,900 ($25.57) price target on shares of Smiths Group in a research note on Friday, September 29th. Numis Securities reaffirmed a hold rating and issued a GBX 1,600 ($21.53) price target on shares of Smiths Group in a research note on Monday, September 25th. Finally, Goldman Sachs Group reaffirmed a buy rating and issued a GBX 1,850 ($24.90) price target on shares of Smiths Group in a research note on Friday, September 22nd. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of GBX 1,754.38 ($23.61).
Smiths Group (SMIN) opened at GBX 1,465 ($19.72) on Monday. Smiths Group has a 1-year low of GBX 1,396 ($18.79) and a 1-year high of GBX 1,685 ($22.68).
The business also recently declared a dividend, which was paid on Friday, November 17th. Shareholders of record on Thursday, October 19th were paid a GBX 29.70 ($0.40) dividend. This is a boost from Smiths Group’s previous dividend of $13.55. This represents a yield of 1.94%. The ex-dividend date of this dividend was Thursday, October 19th.
In related news, insider George Buckley purchased 1,111 shares of the firm’s stock in a transaction on Wednesday, November 1st. The shares were acquired at an average cost of GBX 1,577 ($21.22) per share, with a total value of £17,520.47 ($23,580.71).
Smiths Group Company Profile
Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others. The Smiths Medical division offers infusion systems, vascular access (including safety needles), patient airway and temperature management equipment, and specialty devices in areas of in vitro fertilization, diagnostics and emergency patient transport.
Receive News & Ratings for Smiths Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smiths Group plc and related companies with MarketBeat.com's FREE daily email newsletter.