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 | 1,725.00p |
Change Today | -6.00p |
% Change | -0.35 % |
52 Week High | 1,766.50 |
52 Week Low | 1,526.00 |
Volume | 539,695 |
Shares Issued | 346.37m |
Market Cap | £5,975m |
RiskGrade | 127 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 4 |
Buy | 7 |
Neutral | 1 |
Sell | 1 |
Strong Sell | 0 |
Total | 13 |
Latest | Previous | |
---|---|---|
Interim | Final | |
Ex-Div | 04-Apr-24 | 19-Oct-23 |
Paid | 13-May-24 | 24-Nov-23 |
Amount | 13.55p | 28.70p |
Time | Volume / Share Price |
16:47 | 10,331 @ 1,727.03p |
16:35 | 250,691 @ 1,725.00p |
16:35 | 685 @ 1,725.00p |
16:35 | 718 @ 1,725.00p |
16:35 | 2,094 @ 1,725.00p |
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