Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Smiths Group plc ( (GB:SMIN) ) has provided an announcement.
Smiths Group plc has repurchased and will cancel a total of 68,882 of its ordinary shares on 16 January 2026 across multiple trading venues, as part of a share buyback programme previously instructed to HSBC Bank plc. The cancellation of these shares will reduce the company’s share capital, which can enhance earnings per share and is likely to be viewed as a signal of confidence in the group’s financial strength and long-term strategy in its core industrial engineering markets.
The most recent analyst rating on (GB:SMIN) stock is a Hold with a £2500.00 price target. To see the full list of analyst forecasts on Smiths Group plc stock, see the GB:SMIN Stock Forecast page.
Spark’s Take on GB:SMIN Stock
According to Spark, TipRanks’ AI Analyst, GB:SMIN is a Neutral.
Smiths Group plc’s overall stock score reflects strong financial health and strategic initiatives to enhance shareholder value. However, technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. Positive earnings call and corporate events provide a supportive outlook.
To see Spark’s full report on GB:SMIN stock, click here.
More about Smiths Group plc
Smiths Group plc is a London-listed industrial engineering company with a 170-year history, operating in attractive and growing segments including energy, industrials and construction. The group focuses on solving complex customer problems linked to global challenges such as decarbonisation and rising demand for process and energy efficiency, and employs around 16,000 people in more than 50 countries worldwide.
Average Trading Volume: 1,137,322
Technical Sentiment Signal: Buy
Current Market Cap: £7.77B
Learn more about SMIN stock on TipRanks’ Stock Analysis page.