Barclays downgraded Smiths Group to Equal Weight from Overweight with a price target of 1,825 GBp, down from 1,845 GBp. The analyst cites slowing sales momentum for the company’s largest and highest margin division, John Crane, for the downgrade.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMGZY:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue