Smiths Group’s (SMIN) “Hold” Rating Reiterated at Numis Securities
Numis Securities reiterated their hold rating on shares of Smiths Group (LON:SMIN) in a research note issued to investors on Tuesday morning. The brokerage currently has a GBX 1,600 ($21.53) target price on the stock.
Several other research analysts have also recently issued reports on SMIN. Deutsche Bank reaffirmed a buy rating and issued a GBX 1,750 ($23.55) target price on shares of Smiths Group in a report on Monday, December 4th. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 1,800 ($24.23) target price on shares of Smiths Group in a report on Wednesday, November 15th. Credit Suisse Group reissued an outperform rating on shares of Smiths Group in a report on Friday, October 13th. reissued a buy rating and set a GBX 1,900 ($25.57) price objective on shares of Smiths Group in a report on Friday, September 29th. Finally, Goldman Sachs Group reissued a buy rating and set a GBX 1,850 ($24.90) price objective on shares of Smiths Group in a report on Friday, September 22nd. Two analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and an average target price of GBX 1,754.38 ($23.61).
Smiths Group (LON SMIN) opened at GBX 1,460 ($19.65) on Tuesday. Smiths Group has a 52-week low of GBX 1,396 ($18.79) and a 52-week high of GBX 1,685 ($22.68).
The business also recently declared a dividend, which was paid on Friday, November 17th. Stockholders of record on Thursday, October 19th were issued a GBX 29.70 ($0.40) dividend. The ex-dividend date of this dividend was Thursday, October 19th. This is a boost from Smiths Group’s previous dividend of $13.55. This represents a dividend yield of 1.94%.
In other Smiths Group news, insider George Buckley bought 1,111 shares of the company’s stock in a transaction on Wednesday, November 1st. The shares were bought at an average cost of GBX 1,577 ($21.22) per share, for a total transaction of £17,520.47 ($23,580.71).
About Smiths Group
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 & Stock 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 stocks with our FREE daily email newsletter.