Berenberg Bank Issues Positive Forecast for Smiths Group (LON:SMIN) Stock Price

Smiths Group (LON:SMIN) had its price objective raised by equities research analysts at Berenberg Bank from GBX 3,000 to GBX 3,200 in a research report issued on Wednesday, Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective suggests a potential upside of 15.52% from the company’s previous close.

Several other analysts also recently issued reports on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,500 target price on shares of Smiths Group in a research note on Wednesday, July 1st. 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. Finally, JPMorgan Chase & Co. lifted their price target on Smiths Group from GBX 2,810 to GBX 3,100 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Smiths Group currently has an average rating of “Moderate Buy” and an average price target of GBX 2,910.

Smiths Group Stock Performance

Smiths Group stock opened at GBX 2,770 on Wednesday. The firm’s 50 day simple moving average is GBX 2,607.32 and its 200-day simple moving average is GBX 2,529.40. The company has a market cap of £7.97 billion, a P/E ratio of 36.07, a price-to-earnings-growth ratio of 0.35 and a beta of 0.74. The company has a debt-to-equity ratio of 73.19, a current ratio of 3.04 and a quick ratio of 1.29. Smiths Group has a fifty-two week low of GBX 2,088 and a fifty-two week high of GBX 2,796.

Smiths Group (LON:SMIN) last issued its quarterly earnings results on Tuesday, September 22nd. The company reported GBX 49.50 EPS for the quarter. Smiths Group had a net margin of 11.39% and a return on equity of 13.71%. As a group, equities research analysts predict that Smiths Group will post 85.1295337 EPS for the current year.

Insider Activity at Smiths Group

In related news, insider Richard Howes acquired 67 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average cost of GBX 2,658 per share, with a total value of £1,780.86. Corporate insiders own 0.86% of the company’s stock.

More Smiths Group News

Here are the key news stories impacting Smiths Group this week:

• Positive Sentiment: Management guided to approximately 4% organic revenue growth, supporting investor confidence in the outlook despite a mixed earnings performance. Smiths Group Shares Jump: Guides to 4% Growth
• Positive Sentiment: Smiths Group plans to dispose of its asbestos liability portfolio, a move that could reduce long-term legal and financial uncertainty. The company also announced a higher fiscal 2026 dividend, strengthening the income case for the shares. UK’s Smiths Group Rallies Amid Asbestos Liability Divestment Plan, Higher Fiscal 2026 Dividend
• Positive Sentiment: The company launched another £500 million tranche of its previously announced £1.5 billion share-buyback program. The additional repurchases should support earnings per share and return capital to investors. Smiths Group expands share buyback with new £500m tranche
• Neutral Sentiment: Fiscal 2026 operating profit from continuing operations rose 2.7% to £399 million, while reported pretax profit from continuing operations declined. This mixed result means the improved outlook and capital returns are currently more important to sentiment than headline profit growth. Smiths Group FY2026 Operating Profit Rises 2.7% to £399 Million as Asbestos Liability Disposal Planned
• Negative Sentiment: Jefferies cut its price target, citing uncertainty around estimates. That downgrade may limit further upside, particularly after the stock’s strong run toward its 52-week high. Jefferies Cuts Smiths Group Share Price Target as Estimates ‘Still Messy’

About Smiths Group

For 175 years, we have been pioneers of progress, engineering a better future. Our strategy is to be a focused, efficient and value creating industrial engineering company operating in the attractive and growing market segments of flow control, thermal solutions, construction and aerospace.

We focus on solving the toughest problems for our customers, helping address critical global needs such as decarbonisation and the ever-increasing demand for process and energy efficiency.

We are pioneers of progress.