Smiths Group plc (LON:SMIN) Given Consensus Rating of “Moderate Buy” by Brokerages

Smiths Group plc (LON:SMIN) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,828.33.

SMIN has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,750 target price on shares of Smiths Group in a research report on Wednesday, July 1st. Berenberg Bank reissued a “buy” rating and set a GBX 3,000 price target on shares of Smiths Group in a research report on Friday, May 22nd. JPMorgan Chase & Co. cut their price target on shares of Smiths Group from GBX 2,830 to GBX 2,810 and set an “overweight” rating on the stock in a report on Friday, May 22nd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,500 price objective on shares of Smiths Group in a research note on Wednesday, July 1st.

Insider Transactions at Smiths Group

In related news, insider Simon Pryce purchased 206 shares of Smiths Group stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of GBX 2,532 per share, with a total value of £5,215.92. Also, insider Richard Howes purchased 70 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of GBX 2,532 per share, with a total value of £1,772.40. Corporate insiders own 0.81% of the company’s stock.

Smiths Group Trading Down 0.0%

Shares of SMIN opened at GBX 2,492 on Friday. Smiths Group has a one year low of GBX 2,088 and a one year high of GBX 2,746. The stock has a 50-day moving average price of GBX 2,520.62 and a 200 day moving average price of GBX 2,508.29. The company has a debt-to-equity ratio of 73.19, a quick ratio of 1.29 and a current ratio of 3.04. The company has a market capitalization of £7.44 billion, a P/E ratio of 32.45, a P/E/G ratio of 0.35 and a beta of 0.73.

About Smiths Group

Smiths Group plc operates as an industrial engineering company in Americas, Europe, the Asia Pacific, and internationally. It operates through four businesses: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane business engineers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems. The Smiths Detection business provides sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards, and contraband.