Zacks Investment Research Upgrades Smiths Group (SMGZY) to Hold

Smiths Group (OTCMKTS:SMGZY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Thursday.

According to Zacks, “Smiths Group plc is a technology company. The Company designs, manufactures and delivers products and services for the threat & contraband detection, medical devices, energy and communications market. Its operating segment consists John Crane sector provides mechanical seals, seal support systems, engineered bearings, power transmission couplings and specialist filtration systems, Smiths Medical sector provides infusion systems, vascular access, patient airway and temperature management equipment and specialty devices. Smiths Detection sector provides sensors that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband; Smiths Interconnect sector provides specialised electronic and radio frequency components and sub-systems that connect, protect and control critical systems; Flex-Tek division provides engineered components that heat and move fluids and gases, flexible hosing and rigid tubing. Smiths Group plc is headquartered in London, the United Kingdom. “

Separately, Morgan Stanley upgraded shares of Smiths Group from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, December 13th.

Shares of Smiths Group (SMGZY) opened at $23.06 on Thursday. The company has a current ratio of 2.34, a quick ratio of 1.82 and a debt-to-equity ratio of 0.76. Smiths Group has a 1 year low of $17.52 and a 1 year high of $22.33.

COPYRIGHT VIOLATION WARNING: “Zacks Investment Research Upgrades Smiths Group (SMGZY) to Hold” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another domain, it was illegally copied and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be read at https://ledgergazette.com/2018/01/13/zacks-investment-research-upgrades-smiths-group-smgzy-to-hold.html.

Smiths Group Company Profile

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.

Receive News & Ratings for Smiths Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Smiths Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply