Smiths Group (OTCMKTS:SMGZY) Stock Rating Upgraded by Zacks Research

Smiths Group (OTCMKTS:SMGZY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

SMGZY has been the subject of a number of other reports. Berenberg Bank upgraded Smiths Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 21st. Citigroup reaffirmed a “buy” rating on shares of Smiths Group in a research report on Thursday, January 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Smiths Group in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Smiths Group Stock Performance

SMGZY opened at $33.57 on Tuesday. The business has a fifty day simple moving average of $33.50 and a 200 day simple moving average of $33.99. Smiths Group has a 1 year low of $28.29 and a 1 year high of $37.93.

Smiths Group Company Profile

Smiths Group plc, headquartered in London, is a diversified engineering firm with roots dating back to 1851. Over its long history, the company has evolved from a manufacturer of timepieces into a provider of critical components and systems for industries ranging from energy and natural resources to healthcare and security. Smiths Group is publicly traded on the London Stock Exchange and its American depositary receipts trade over-the-counter under the symbol SMGZY.

The company operates through four principal divisions.