Smiths Group (OTCMKTS:SMGZY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Smiths Group (OTCMKTS:SMGZY) from a strong sell rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

A number of other equities analysts have also commented on the stock. Citigroup restated a “buy” rating on shares of Smiths Group in a research report on Thursday, January 29th. Jefferies Financial Group restated a “hold” rating on shares of Smiths Group in a research report on Wednesday. Finally, Berenberg Bank upgraded shares of Smiths Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Smiths Group Stock Performance

OTCMKTS:SMGZY opened at $33.57 on Tuesday. Smiths Group has a 12 month low of $28.29 and a 12 month high of $37.93. The company’s 50-day moving average price is $33.50 and its two-hundred day moving average price is $33.99.

About Smiths Group

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.