Zacks: Analysts Set $24.75 Price Target for Smiths Group PLC (SMGZY)
Smiths Group PLC (NASDAQ:SMGZY) has received a consensus broker rating score of 1.00 (Strong Buy) from the two brokers that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating. Smiths Group PLC’s rating score has improved by 40.1% from three months ago as a result of a number of analysts’ ratings changes.
Analysts have set a 1 year consensus target price of $24.75 for the company, according to Zacks. Zacks has also assigned Smiths Group PLC an industry rank of 83 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded Smiths Group PLC from a “buy” rating to a “hold” rating in a research report on Saturday, March 18th.
Shares of Smiths Group PLC (NASDAQ:SMGZY) traded up 2.79% during mid-day trading on Wednesday, reaching $20.99. The company’s stock had a trading volume of 14,990 shares. The company has a 50 day moving average price of $21.31 and a 200 day moving average price of $19.70. Smiths Group PLC has a 12 month low of $14.14 and a 12 month high of $22.32. The stock has a market capitalization of $8.30 billion and a P/E ratio of 15.17.
About Smiths Group PLC
Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others. The Smiths Medical division offers infusion systems, vascular access (including safety needles), patient airway and temperature management equipment, and specialty devices in areas of in vitro fertilization, diagnostics and emergency patient transport.
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