Shares of Smiths Group plc (LON:SMIN) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1,508.29 and traded as high as $1,583.00. Smiths Group shares last traded at $1,572.00, with a volume of 515,224 shares.
A number of equities research analysts have recently weighed in on SMIN shares. Morgan Stanley restated an “equal weight” rating on shares of Smiths Group in a research note on Thursday, July 11th. JPMorgan Chase & Co. raised Smiths Group to an “overweight” rating and lifted their target price for the stock from GBX 1,660 ($21.69) to GBX 1,760 ($23.00) in a report on Wednesday, July 24th. Liberum Capital reaffirmed a “hold” rating on shares of Smiths Group in a report on Friday, June 7th. Goldman Sachs Group reaffirmed a “neutral” rating on shares of Smiths Group in a report on Wednesday, July 10th. Finally, Credit Suisse Group reaffirmed an “outperform” rating on shares of Smiths Group in a report on Wednesday, July 3rd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company. Smiths Group presently has an average rating of “Hold” and a consensus target price of GBX 1,621 ($21.18).
The company has a market capitalization of $6.22 billion and a price-to-earnings ratio of 21.50. The stock has a fifty day simple moving average of GBX 1,591.72 and a 200-day simple moving average of GBX 1,508.29. The company has a debt-to-equity ratio of 65.38, a current ratio of 2.36 and a quick ratio of 1.66.
About Smiths Group (LON:SMIN)
Smiths Group plc operates as a technology company severing the medical technology, security and defense, general industrial, oil and gas, and space and commercial aerospace markets worldwide. The company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek.
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