Thu, 06th Jul 2023 09:20
(Sharecast News) - RBC Capital Markets upgraded Smiths Group on Thursday to 'sector perform' from 'underperform' and lifted the price target.
"Underperformance of around 20% over the last nine months means that the relative valuation of Smiths has moved from a significant sector premium to now a slight discount," it said.
"With higher peer multiples supporting our sum-of-the-part rising to 1,775p (from 1,650p) we upgrade our rating."
(Alliance News) - Smiths Group PLC on Tuesday reaffirmed guidance after announcing organic revenue growth across the business.
(Sharecast News) - Smiths Group reported an acceleration in sales growth in the third quarter despite tough comparators with last year, as the enginee...
(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensi...
(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Smiths Group (SMIN)