Berenberg Bank Initiates Coverage of Smiths Group plc - Depositary Receipt () (SMGZY) with Buy Recommendation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 25 2024
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Source: NASDAQ.COM
Berenberg Bank Coverage: Berenberg Bank has initiated coverage of Smiths Group plc with a Buy recommendation, projecting a 22.37% upside based on an average one-year price target of $26.87/share.
Institutional Holdings: Institutional ownership in Smiths Group plc remains stable, with a slight increase in total shares owned over the last three months, while some funds have adjusted their portfolio allocations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
