Smiths Group plc -2.3% potential downside indicated by Liberum Capital

Broker Ratings

Smiths Group plc with ticker (LON:SMIN) now has a potential downside of -2.3% according to Liberum Capital.

Liberum Capital set a target price of 1,500 GBX for the company, which when compared to the Smiths Group plc share price of 1,535 GBX at opening today (09/12/2021) indicates a potential downside of -2.3%. Trading has ranged between 1,348 (52 week low) and 1,670 (52 week high) with an average of 1,018,362 shares exchanging hands daily. The market capitalisation at the time of writing is £5,979,431,013.

Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Detection, Flex-Tek, Smiths Interconnect and Smiths Medical. John Crane provides mission-critical solutions such as mechanical seals, seal support systems, power transmission couplings and filtration systems for global energy and process industries. Smiths Detection produces detection and screening technologies for the identification of safety and security threats. Flex-Tek provides engineered components that heat and move fluids and gases for aerospace, consumer products, construction, medical and industrial applications. Smiths Interconnect provides electronic components, subsystems, microwave and radio frequency products that provide secure connectivity of critical applications in the defense, aerospace, communications and industrial markets. Smiths Medical offers medical devices and consumables in the select segments of the infusion systems, vascular access and vital care markets.

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