Credit Suisse Group AG reiterated their outperform rating on shares of Smiths Group plc (LON:SMIN) in a report published on Friday morning. Credit Suisse Group AG currently has a GBX 1,275 ($16.64) price objective on the stock.
A number of other research analysts have also recently commented on the company. JPMorgan Chase & Co. boosted their price target on Smiths Group plc from GBX 1,300 ($16.97) to GBX 1,585 ($20.69) and gave the stock an overweight rating in a report on Tuesday, August 30th. BNP Paribas reissued an underperform rating and issued a GBX 1,050 ($13.71) price target (up from GBX 900 ($11.75)) on shares of Smiths Group plc in a report on Wednesday, July 13th. Numis Securities Ltd reissued an add rating and issued a GBX 1,300 ($16.97) price target on shares of Smiths Group plc in a report on Wednesday, August 10th. HSBC boosted their price target on Smiths Group plc from GBX 1,100 ($14.36) to GBX 1,300 ($16.97) and gave the stock a hold rating in a report on Tuesday, August 16th. Finally, Royal Bank Of Canada boosted their price target 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 research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus target price of GBX 1,185 ($15.47).
Smiths Group plc (LON:SMIN) opened at 1410.00 on Friday. Smiths Group plc has a 12 month low of GBX 858.00 and a 12 month high of GBX 1,441.00. The firm’s 50-day moving average is GBX 1,357.27 and its 200-day moving average is GBX 1,187.33. The company’s market capitalization is GBX 5.57 billion.
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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