Smiths Group (OTCMKTS:SMGZY) Stock Rating Raised to “Hold” at Zacks Research

Smiths Group (OTCMKTS:SMGZY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.

SMGZY has been the topic of a number of other reports. Citigroup downgraded Smiths Group from a “buy” rating to a “hold” rating in a research note on Wednesday, September 23rd. The Goldman Sachs Group raised Smiths Group to a “strong-buy” rating in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Smiths Group Trading Down 0.3%

Shares of SMGZY opened at $37.75 on Monday. The company has a quick ratio of 2.77, a current ratio of 3.04 and a debt-to-equity ratio of 0.70. The firm’s fifty day simple moving average is $35.56 and its two-hundred day simple moving average is $34.36. Smiths Group has a 12 month low of $28.29 and a 12 month high of $38.21.

About Smiths Group

Smiths Group plc is a United Kingdom-based engineering company that develops and manufactures specialized products and technologies for critical applications. Its businesses serve markets including aerospace, defense, transportation, energy, medical, communications, and infrastructure, with operations and customers across international markets.

The company’s principal activities include threat-detection and screening systems through Smiths Detection; engineered sealing and rotating-equipment solutions through John Crane; engineered components and systems for aerospace, industrial, and other demanding applications through Flex-Tek; and electronic connectors and high-performance interconnect solutions through Smiths Interconnect.