Smith & Nephew lifts FY guidance as third-quarter revenue rises

31st Oct 2019 08:06

(Sharecast News) - Smith & Nephew upgraded its annual revenue growth guidance again on Thursday as it posted a rise in third-quarter revenue.

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Monday broker round-up

23rd Sep 2019 11:33

(Sharecast News) - Petra Diamonds: Berenberg upgrades to hold with a target price of 9p.

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Acquisitions boost Smiths Group FY profits

20th Sep 2019 07:10

(Sharecast News) - Smiths Group on Friday reported a 13% rise in full year profits, driven by acquisitions and favourable currency conditions.

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Goldman upgrades Smiths Group, cites defensive profile and improving FCF

29th Aug 2019 11:21

(Sharecast News) - Medical devices and security scanner maker Smiths Group got a boost on Thursday as Goldman Sachs upped its stance on the shares to 'buy' from 'neutral', highlighting a defensive profile and improving free cash flow.

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Friday broker round-up

7th Jun 2019 12:58

(Sharecast News) - Compass Group: RBC Capital Markets downgrades to sector perform with a target price of 1,800p.

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Smiths Group appoints JehanZeb Noor as CEO of medical division

7th Jun 2019 07:24

(Sharecast News) - Smiths Group has appointed JehanZeb Noor as chief executive officer of its medical division.

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Smiths Group profits fall 2%, plans IPO of Medical arm in 2020

22nd Mar 2019 07:06

(Sharecast News) - Smiths Group reported a decline in first-half profits and said it aims to demerge and float its medical devices arm by the middle of next year.

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Director dealings: Smiths chairman ups stake

1st Feb 2019 15:54

(Sharecast News) - Smiths Group chairman George Buckley purchased 858 ordinary shares in the London-based engineering business on Friday.

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BoA Merrill Lynch ups Rotork and Vesuvius, downgrades Smiths

8th Jan 2019 07:42

(Sharecast News) - Rotork and Vesuvius rallied on Tuesday as Bank of America Merrill Lynch upgraded both stocks as part of a broader note on capital goods.

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RBC backs UK engineering, dismisses downturn concerns

20th Nov 2018 13:34

(Sharecast News) - Fears that the British engineering sector is facing a significant downturn have been overplayed, according to analysts at RBC Capital Markets, leaving a number of companies undervalued.

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Director dealings: Smiths Group CEO lowers stake

10th Oct 2018 16:15

(Sharecast News) - Smiths Group chief executive Andrew Reynolds Smith sold 47,468 ordinary shares in the FTSE 100-listed engineering business on Wednesday.

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Smiths buys United Flexible for $345m

4th Oct 2018 07:06

(Sharecast News) - Engineering company Smiths Group said it was buying industrial hose maker United Flexible from Arlington Capital Partners for an enterprise value of $345m (£266m).

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Deutsche Bank downgrades Smiths to 'hold'

25th Sep 2018 12:11

(Sharecast News) - Deutsche Bank downgraded engineer Smiths Group to 'hold' from 'buy' on Tuesday, cutting the price target to 1,665p from 1,740p, saying it was time to take a step back.

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Monday broker round-up

24th Sep 2018 12:59

(Sharecast News) - Thomas Cook: Shore Capital Markets downgrades to hold.

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Smiths Group's return to revenue growth fails to impress

21st Sep 2018 07:53

(Sharecast News) - Smiths Group returned to growth last year as underlying revenue increased but currency swings and reclassification of costs sent reported annual profit down 8%.

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