Morgan Stanley reaffirmed their equal weight rating on shares of Smiths Group (LON:SMIN) in a research note issued to investors on Thursday, ThisIsMoney.Co.Uk reports.
SMIN has been the topic of several other reports. Liberum Capital set a C$2.20 target price on shares of Millennial Lithium and gave the stock a buy rating in a research report on Friday, June 7th. Citigroup reissued a sell rating on shares of Bayerische Motoren Werke in a research report on Friday, April 5th. Goldman Sachs Group downgraded shares of EXPERIAN PLC/ADR from a buy rating to a neutral rating in a research report on Wednesday. Royal Bank of Canada reaffirmed a buy rating on shares of easyJet in a research report on Monday, April 1st. Finally, Credit Suisse Group initiated coverage on shares of Yunji in a research report on Wednesday, July 3rd. They set an outperform rating and a $14.50 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 1,611 ($21.05).
Smiths Group stock opened at GBX 1,592.50 ($20.81) on Thursday. The stock has a 50 day moving average price of GBX 1,518.87. The stock has a market capitalization of $6.31 billion and a P/E ratio of 21.79. The company has a debt-to-equity ratio of 65.38, a quick ratio of 1.66 and a current ratio of 2.36. Smiths Group has a fifty-two week low of GBX 1,257 ($16.42) and a fifty-two week high of GBX 1,753 ($22.91).
In related news, insider George Buckley acquired 817 shares of the stock in a transaction that occurred on Wednesday, May 1st. The shares were purchased at an average cost of GBX 1,530 ($19.99) per share, with a total value of £12,500.10 ($16,333.59).
About Smiths Group
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.
See Also: Compound Annual Growth Rate (CAGR)
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