Smiths Group plc (LON:SMIN)‘s stock had its “buy” rating restated by investment analysts at Deutsche Bank AG in a research report issued on Tuesday.
A number of other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Smiths Group plc from GBX 1,300 ($16.24) to GBX 1,585 ($19.80) and gave the stock an “overweight” rating in a research report on Tuesday, August 30th. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 1,275 ($15.93) target price on shares of Smiths Group plc in a research report on Friday, September 23rd. Societe Generale lifted their target price on shares of Smiths Group plc from GBX 1,100 ($13.74) to GBX 1,400 ($17.49) and gave the stock a “hold” rating in a research report on Thursday, September 29th. Numis Securities Ltd reaffirmed an “add” rating and issued a GBX 1,300 ($16.24) target price on shares of Smiths Group plc in a research report on Wednesday, August 10th. Finally, BNP Paribas reaffirmed an “underperform” rating and issued a GBX 1,050 ($13.12) target price (up previously from GBX 900 ($11.24)) on shares of Smiths Group plc in a research report on Wednesday, July 13th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of GBX 1,287.47 ($16.09).
Smiths Group plc (LON:SMIN) traded down 0.14% on Tuesday, reaching GBX 1401.00. The company had a trading volume of 716,040 shares. The stock’s market capitalization is GBX 5.54 billion. Smiths Group plc has a 12-month low of GBX 858.00 and a 12-month high of GBX 1,543.00. The stock’s 50 day moving average price is GBX 1,431.59 and its 200-day moving average price is GBX 1,287.63.
The business also recently declared a dividend, which was paid on Friday, November 18th. Shareholders of record on Thursday, October 20th were paid a GBX 28.75 ($0.36) dividend. The ex-dividend date of this dividend was Thursday, October 20th. This represents a yield of 1.99%. This is a boost from Smiths Group plc’s previous dividend of $13.25.
In other Smiths Group plc news, insider Chris O’Shea sold 17,600 shares of the business’s stock in a transaction on Friday, September 30th. The shares were sold at an average price of GBX 1,453 ($18.15), for a total value of £255,728 ($319,500.25).