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Enter Symbol:
Rating: SMGZY

Smiths Group PLC(ADR) (OTCBB: SMGZY) downgraded to Underweight by Morgan Stanley

Wednesday,  Dec 9, 2015  5:25 PM ET by Kristen Bailey

Morgan Stanley downgraded Smiths Group PLC(ADR) (OTCBB: SMGZY) to
Underweight. Morgan Stanley rated Smiths Group PLC(ADR) (OTCBB: SMGZY) to Equal-Weight on 10/03/2013, when the price was $22.11.

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.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.

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