Smiths Group (OTCMKTS:SMGZY) Upgraded at Zacks Research

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

A number of other equities research analysts also recently weighed in on the stock. Jefferies Financial Group reiterated a “hold” rating on shares of Smiths Group in a research report on Wednesday. Berenberg Bank upgraded shares of Smiths Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Finally, Citigroup reiterated a “buy” rating on shares of Smiths Group in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Smiths Group has a consensus rating of “Moderate Buy”.

Smiths Group Trading Up 0.9%

OTCMKTS SMGZY opened at $33.57 on Tuesday. Smiths Group has a 1-year low of $28.29 and a 1-year high of $37.93. The company has a 50 day moving average of $33.50 and a 200-day moving average of $33.99.

About Smiths Group

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.