Smiths Group (OTCMKTS:SMGZY) Upgraded by The Goldman Sachs Group to Strong-Buy Rating

Smiths Group (OTCMKTS:SMGZY) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a research report issued on Thursday,Zacks.com reports.

Several other equities analysts have also recently commented on SMGZY. Zacks Research cut shares of Smiths Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 31st. Jefferies Financial Group reiterated a “hold” rating on shares of Smiths Group in a report on Wednesday, May 20th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Smiths Group Stock Up 0.9%

Smiths Group stock opened at $36.58 on Thursday. Smiths Group has a fifty-two week low of $28.29 and a fifty-two week high of $37.93. The firm’s 50-day simple moving average is $34.50 and its 200 day simple moving average is $34.55. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.77 and a current ratio of 3.04.

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.