Smiths Group (OTCMKTS:SMGZY) Stock Rating Raised to “Hold” at Zacks Research

Zacks Research upgraded shares of Smiths Group (OTCMKTS:SMGZY) from a strong sell rating to a hold rating in a research note issued to investors on Monday morning,Zacks reports.

SMGZY has been the topic of several other research reports. The Goldman Sachs Group upgraded Smiths Group to a “strong-buy” rating in a research report on Thursday, August 6th. Citigroup cut Smiths Group from a “buy” rating to a “hold” rating in a report on Wednesday, September 23rd. Two research analysts have rated the stock with a Strong Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Smiths Group presently has a consensus rating of “Moderate Buy”.

Smiths Group Trading Down 0.3%

Shares of OTCMKTS SMGZY opened at $37.75 on Monday. The company has a debt-to-equity ratio of 0.70, a current ratio of 3.04 and a quick ratio of 2.77. The firm has a fifty day moving average of $35.56 and a 200 day moving average of $34.36. Smiths Group has a one year low of $28.29 and a one year high of $38.21.

About Smiths Group

Smiths Group plc is a United Kingdom-based engineering company that develops and manufactures specialized products and technologies for critical applications. Its businesses serve markets including aerospace, defense, transportation, energy, medical, communications, and infrastructure, with operations and customers across international markets.

The company’s principal activities include threat-detection and screening systems through Smiths Detection; engineered sealing and rotating-equipment solutions through John Crane; engineered components and systems for aerospace, industrial, and other demanding applications through Flex-Tek; and electronic connectors and high-performance interconnect solutions through Smiths Interconnect.