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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Friday preview: Public sector borrowing, SIG in focus

20th Sep 2018 16:40

(Sharecast News) - The focus at the end of the week will be on the government's finances for the month of August, with ONS set to release public sector borrowing data at 0930 BST.

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