Smiths Group plc 23.6% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Smiths Group plc using EPIC/TICKER code (LON:SMIN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Smiths Group plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 1300 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 23.6% from the opening price of 1051.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 616.5 points and decreased 652 points respectively. The 1 year high for the stock price is 1778.5 GBX while the 52 week low for the stock is 790 GBX.

Smiths Group plc has a 50 day moving average of 1,567.78 GBX and the 200 Day Moving Average price is recorded at 1,616.35. There are currently 1,034,045,123 shares in issue with the average daily volume traded being 1,832,870. Market capitalisation for LON:SMIN is £4,146,292,148 GBP.

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