Smiths Group plc with ticker (LON:SMIN) now has a potential upside of 4.3% according to Berenberg Bank.
SMIN.L
Berenberg Bank set a target price of 1,850 GBX for the company, which when compared to the Smiths Group plc share price of 1,774 GBX at opening today (06/09/2024) indicates a potential upside of 4.3%. Trading has ranged between 1,518 (52 week low) and 1,814 (52 week high) with an average of 650,642 shares exchanging hands daily. The market capitalisation at the time of writing is £6,110,848,395.
Smiths Group plc is an industrial technology company. The Company operates through four divisions: John Crane, Smiths Detection, Flex-Tek and Smiths Interconnect. Its John Crane segment is engaged in providing mechanical seals, seal support systems, power transmission couplings and specialized filtration systems. Its Smiths Detection segment offers sensors and systems that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband. Its Flex-Tek segment offers engineered components, flexible hosing and rigid tubing that heat and move fluids and gases. The Smiths Interconnect segment offers specialized electronic and radio frequency board-level and waveguide devices, connectors, cables, test sockets and sub-systems used in high-speed, high reliability, secure connectivity applications. It is also a manufacturer of heating, ventilation & air conditioning (HVAC) solutions. The Company has operations in more than 50 countries.
Smiths Group plc 4.3% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Latest Company News
Smiths Group plc has agreed to sell Smiths Interconnect to Molex Electronic Technologies Holdings, LLC, a Koch company, for an enterprise value of £1.3 billion, equivalent to 15.1 times FY2025 EBITDA.
Smiths Group delivered full-year results to 31 July 2025 ahead of guidance, with organic revenue up 8.9% to £3.34bn and operating profit rising 13.1% to £580m. Headline EPS increased 14.8% to 121.2p, ROCE reached 18.1%, and cash conversion was 99%.
Smiths Group has confirmed a series of Board and Committee changes as part of its succession planning. Mark Seligman, Noel Tata and Karin Hoeing will retire following the AGM on 19 November 2025. Dame Ann Dowling will become Senior Independent Director, while Alister Cowan will chair the Remuneration & People Committee. Pam Cheng will join the Audit & Risk Committee.
Smiths Group plc reports robust half-year results, showcasing strong revenue growth, margin expansion, and strategic actions to enhance shareholder value.
Smiths Group Plc is set to enhance shareholder returns by focusing on its core businesses, John Crane and Flex-Tek, while divesting Smiths Interconnect.
Smiths Group plc appoints Julian Fagge as new CFO, succeeding Clare Scherrer, as they announce an upgrade in their FY2025 growth forecast.
