Smiths Group (OTCMKTS:SMGZY) Upgrade
In analysts note shared with investors and clients today, Morgan Stanley upgraded shares of Smiths Group (OTCMKTS:SMGZY) to Equal-Weight rating from Underweight rating.
Despite the stock rating upgrade OTCMKTS:SMGZY is now trading 0.00% lower at $19.94 as of 4:07 PM New York time. Smiths Group shares have [From2] 0% over the last 200 days, while the S&P 500 has increased 6.00% in the same time.
Smiths Group (OTCMKTS:SMGZY) Profile
Smiths Group plc is a technology company. The Company operates in five divisions: John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect and Flex-Tek. The John Crane division offers mechanical seals, seal support systems, engineered bearings and power transmission couplings, among others.
Smiths Group (OTCMKTS:SMGZY) closed at $19.94 yesterday. A total of 33,161 shares of the company’s stock traded hands. This is up from average of 27,001 shares. Smiths Group has a 52 week low of $17.09 and a 52 week high of $22.33. The company has a market cap of $7.89 billion and a P/E ratio of 0.
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The post Morgan Stanley Improves Smiths Group (OTCMKTS:SMGZY) Rating to Equal-Weight from Underweight appeared first on Octafinance.