Smiths Group (LON:SMIN)‘s stock had its “neutral” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday, ARN reports. They currently have a GBX 1,460 ($23.18) target price on the stock. JPMorgan Chase & Co.’s target price points to a potential upside of 3.40% from the stock’s previous close.
Shares of Smiths Group (LON:SMIN) opened at 1427.00 on Thursday. Smiths Group has a 1-year low of GBX 1018.00 and a 1-year high of GBX 1456.00. The stock has a 50-day moving average of GBX 1328. and a 200-day moving average of GBX 1309.. The company’s market cap is £5.609 billion.
Several other analysts have also recently commented on the stock. Analysts at UBS AG reiterated a “buy” rating on shares of Smiths Group (LON:SMIN) in a research note to investors on Thursday. They now have a GBX 1,400 ($22.23) price target on the stock. Separately, analysts at Prime Markets reiterated a “buy” rating on shares of Smiths Group (LON:SMIN) in a research note to investors on Wednesday. They now have a GBX 1,550 ($24.61) price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Smiths Group (LON:SMIN) from GBX 1,420 ($22.55) to GBX 1,460 ($23.18) in a research note to investors on Wednesday. They now have an “outperform” rating on the stock.
Five research analysts have rated the stock with a sell rating, ten have assigned a hold rating and ten have issued a buy rating to the company’s stock. Smiths Group presently has an average rating of “Hold” and a consensus target price of GBX 1,350.19 ($21.44).
Smiths Group plc is a technology company. It has five divisions: Smiths Detection, Smiths Medical, John Crane, Smiths Interconnect and Flex-Tek.