Barclays upgraded shares of Smiths Group (OTCMKTS:SMGZY – Free Report) to a hold rating in a report issued on Monday morning, Zacks.com reports.
Separately, Berenberg Bank upgraded shares of Smiths Group to a hold rating in a report on Friday, August 23rd.
Read Our Latest Analysis on SMGZY
Smiths Group Stock Performance
Smiths Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Friday, October 18th will be given a dividend of $0.378 per share. This is an increase from Smiths Group’s previous dividend of $0.16. The ex-dividend date is Friday, October 18th.
About Smiths Group
Smiths Group plc operates as a technology company in Americas, Europe, the Asia Pacific, and internationally. It operates through four divisions: John Crane, Smiths Detection, Flex-Tek, and Smiths Interconnect. The John Crane division offers mechanical seals, seal support systems, power transmission couplings, and specialized filtration systems.
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