Smiths Group plc 8.7% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Smiths Group plc with EPIC/TICKER (LON:SMIN) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ today 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 1760 GBX on its stock. This would imply the analyst believes there is now a potential upside of 8.7% from today’s opening price of 1619 GBX. Over the last 30 and 90 trading days the company share price has increased 88.5 points and increased 70 points respectively. The 1 year high for the share price is 1658 GBX while the 52 week low is 1256.74 GBX.

Smiths Group plc has a 50 day moving average of 1,538.83 GBX and the 200 Day Moving Average price is recorded at 1,467.87. There are currently 395,953,948 shares in issue with the average daily volume traded being 883,758. Market capitalisation for LON:SMIN is £6,406,534,878 GBP.

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