By Michele Maatouk
Date: Thursday 06 Jul 2023
LONDON (ShareCast) - (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."
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Currency | UK Pounds |
Share Price | 1,724.00p |
Change Today | 28.00p |
% Change | 1.65 % |
52 Week High | 1,824.00p |
52 Week Low | 1,522.00p |
Volume | 794,191 |
Shares Issued | 344.12m |
Market Cap | £5,933m |
Beta | 1.16 |
RiskGrade | 127 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 4 |
Buy | 7 |
Neutral | 2 |
Sell | 1 |
Strong Sell | 0 |
Total | 14 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 17-Oct-24 | 04-Apr-24 |
Paid | 22-Nov-24 | 13-May-24 |
Amount | 30.20p | 13.55p |
Time | Volume / Share Price |
16:47 | 146,108 @ 1,706.67p |
16:47 | 15,733 @ 1,723.71p |
16:35 | 9,089 @ 1,724.00p |
16:29 | 106 @ 1,722.35p |
16:28 | 446 @ 1,723.00p |
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