Numis Securities Ltd restated their add rating on shares of Smiths Group plc (LON:SMIN) in a research note released on Thursday morning. Numis Securities Ltd currently has a GBX 1,600 ($20.89) price objective on the stock.
SMIN has been the topic of several other research reports. Beaufort Securities restated a hold rating on shares of Smiths Group plc in a report on Monday, September 26th. Credit Suisse Group AG restated an outperform rating and set a GBX 1,280 ($16.71) target price on shares of Smiths Group plc in a report on Thursday, August 11th. BNP Paribas restated an underperform rating and set a GBX 900 ($11.75) target price on shares of Smiths Group plc in a report on Monday, June 27th. JPMorgan Chase & Co. restated an overweight rating and set a GBX 1,300 ($16.97) target price on shares of Smiths Group plc in a report on Wednesday, August 10th. Finally, Royal Bank Of Canada increased their target price on Smiths Group plc from GBX 1,350 ($17.62) to GBX 1,450 ($18.93) and gave the stock an outperform rating in a report on Wednesday, August 10th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,247.67 ($16.29).
Smiths Group plc (LON:SMIN) opened at 1506.36 on Thursday. The firm has a 50 day moving average of GBX 1,372.89 and a 200-day moving average of GBX 1,198.60. The stock’s market cap is GBX 5.95 billion. Smiths Group plc has a 12-month low of GBX 858.00 and a 12-month high of GBX 1,513.00.
The business also recently announced a dividend, which will be paid on Friday, November 18th. Shareholders of record on Thursday, October 20th will be paid a GBX 28.75 ($0.38) dividend. This is a positive change from Smiths Group plc’s previous dividend of $13.25. The ex-dividend date is Thursday, October 20th. This represents a yield of 1.99%.
In other Smiths Group plc news, insider Chris O’Shea sold 17,600 shares of the stock in a transaction dated Friday, September 30th. The stock was sold at an average price of GBX 1,453 ($18.97), for a total value of £255,728 ($333,804.99).
About Smiths Group plc
Smiths Group plc is a technology company. The Company operates through five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. John Crane division offers mechanical seals, seal support systems, engineered bearings, power transmission couplings and filtration systems.
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