Smiths Group (LON:SMIN) Given Buy Rating at Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Smiths Group (LON:SMIN) in a research report report published on Tuesday morning, MarketBeat.com reports. Jefferies Financial Group currently has a GBX 2,180 ($27.71) price objective on the stock.

Smiths Group Stock Down 0.2 %

Shares of LON SMIN opened at GBX 1,733 ($22.03) on Tuesday. The stock has a fifty day moving average price of GBX 1,650.90 and a 200 day moving average price of GBX 1,656.81. The company has a current ratio of 1.91, a quick ratio of 1.29 and a debt-to-equity ratio of 32.22. The company has a market cap of £6.00 billion, a P/E ratio of 2,625.76, a P/E/G ratio of 0.35 and a beta of 0.65. Smiths Group has a 12-month low of GBX 1,517.50 ($19.29) and a 12-month high of GBX 1,776.50 ($22.58).

Smiths Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, May 13th. Stockholders of record on Thursday, April 4th were paid a dividend of GBX 13.55 ($0.17) per share. The ex-dividend date was Thursday, April 4th. This represents a dividend yield of 0.82%. Smiths Group’s dividend payout ratio is presently 6,363.64%.

Insider Buying and Selling

In other Smiths Group news, insider Richard Howes bought 111 shares of the business’s stock in a transaction on Wednesday, May 1st. The shares were purchased at an average price of GBX 1,603 ($20.37) per share, with a total value of £1,779.33 ($2,261.48). Insiders own 0.60% of the company’s stock.

Smiths Group Company Profile

Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.