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Latest News for SMGKF
Smiths Group tipped for upside thanks to cash boost
Panmure Liberum sees around 20% upside in Smiths Group (LSE:SMIN) after the engineering group completed the £2bn sale of Smiths Detection and lined up a fresh £1.5bn buyback. The stockbroker repeated a Buy rating and 3,070p target price (current price: 2,560p), with the pitch being that the streamlined continuing business remains undervalued.
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