JPMorgan Chase & Co. Has Lowered Expectations for Smiths Group (LON:SMIN) Stock Price

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JPMorgan Chase & Co. has reduced its price target for Smiths Group (LON:SMIN) from GBX 3,040 to GBX 2,830, while maintaining an “overweight” rating, indicating a potential 26.45% upside. Despite this, other analysts like Royal Bank of Canada and Citigroup have raised their targets, leading to a consensus “Moderate Buy” rating with an average target price of GBX 3,158. The company’s stock recently traded higher on unusually high volume, and insiders made small purchases in early February.

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