Smiths Group plc (LON:SMIN - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,540.82 and traded as high as GBX 2,644. Smiths Group shares last traded at GBX 2,612, with a volume of 2,071,630 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on SMIN shares. JPMorgan Chase & Co. increased their price objective on shares of Smiths Group from GBX 2,810 to GBX 3,100 and gave the company an "overweight" rating in a research report on Tuesday, July 28th. 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 reiterated a "buy" rating and set a GBX 3,000 target price on shares of Smiths Group in a research note on Friday, May 22nd. Finally, Royal Bank Of Canada reissued a "sector perform" rating and set a GBX 2,500 price target on shares of Smiths Group in a report on Wednesday, July 1st. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 2,876.67.
View Our Latest Analysis on SMIN
Smiths Group Trading Down 0.5%
The stock has a 50 day simple moving average of GBX 2,601.58 and a 200-day simple moving average of GBX 2,540.82. The firm has a market capitalization of £7.70 billion, a P/E ratio of 34.01, a P/E/G ratio of 0.35 and a beta of 0.73. The company has a current ratio of 3.04, a quick ratio of 1.29 and a debt-to-equity ratio of 73.19.
Insider Activity
In other Smiths Group news, insider Richard Howes acquired 67 shares of the company's stock in a transaction that occurred on Monday, August 3rd. The shares were bought at an average price of GBX 2,658 per share, with a total value of £1,780.86. Insiders own 0.85% of the company's stock.
Smiths Group Company Profile
(
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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.
See Also
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