SMITHS GRP PLC/S (SMGZY) Lowered to “Hold” at Zacks Investment Research

SMITHS GRP PLC/S (OTCMKTS:SMGZY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, reports.

According to Zacks, “Smiths Group plc is a technology company. The Company designs, manufactures and delivers products and services for the threat & contraband detection, medical devices, energy and communications market. Its operating segment consists John Crane sector provides mechanical seals, seal support systems, engineered bearings, power transmission couplings and specialist filtration systems, Smiths Medical sector provides infusion systems, vascular access, patient airway and temperature management equipment and specialty devices. Smiths Detection sector provides sensors that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband; Smiths Interconnect sector provides specialised electronic and radio frequency components and sub-systems that connect, protect and control critical systems; Flex-Tek division provides engineered components that heat and move fluids and gases, flexible hosing and rigid tubing. Smiths Group plc is headquartered in London, the United Kingdom. “

SMITHS GRP PLC/S stock traded up $0.23 during trading on Tuesday, reaching $19.04. The company had a trading volume of 6,016 shares, compared to its average volume of 40,042. SMITHS GRP PLC/S has a 52 week low of $16.26 and a 52 week high of $24.42. The stock has a market cap of $7.54 billion, a P/E ratio of 15.74, a P/E/G ratio of 2.58 and a beta of 0.91.

SMITHS GRP PLC/S Company Profile

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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