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Smiths Group PLC(ADR) (SMGZY) [hlAlert]

Rating:
Reduce SMGZY

Smiths Group PLC(ADR) (SMGZY) rated Reduce by HSBC Securities

Posted on: Tuesday,  Dec 1, 2015  10:25 AM ET by HSBC Securities

Smiths Group PLC(ADR)
(OTCBB: SMGZY) rated Reduce by HSBC Securities.

Smiths Group plc (Smiths) is a global technology company. Smiths is organized into five segments: Smiths Detection is a designer and manufacturer of sensors that detect and identify explosives, narcotics, weapons, chemical agents, biohazards and contraband; John Crane is a provider of mechanical seals, seal support systems, engineered bearings, power transmission couplings and specialist filtration systems; Smiths Medical, which provides medication delivery systems, vital care products and safety devices that prevent needle-stick injuries and reduce cross-infection; Smiths Interconnect, which includes specialized electronic and radio frequency components and sub-systems that connect, protect and control critical systems, and Flex-Tek, which includes engineered components that heat and move fluids and gases, flexible hosing and rigid tubing. On October 19, 2009, the Company acquired the Channel Microwave. On April 6, 2010, the Company acquired the Interconnect Devices, Inc.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/1/2015 10:25 AM Sell
None
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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