Todays Report: Today, Smith & Nephew plc (SN) Earns Hold Rating from Deutsche Bank AG

Today, Smith & Nephew plc (SN) Earns Hold Rating from Deutsche Bank AG

Smith & Nephew plc (LON:SN)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank AG in a research report issued to clients and investors on Monday. They presently have a GBX 1,150 ($14.37) price objective on the stock. Deutsche Bank AG’s target price suggests a potential upside of 2.95% from the stock’s previous close.

Several other equities analysts have also recently weighed in on SN. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 1,425 ($17.80) price target on shares of Smith & Nephew plc in a research report on Friday, July 29th. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a GBX 1,285 ($16.05) price target on shares of Smith & Nephew plc in a research report on Monday, October 31st. JPMorgan Chase & Co. increased their price objective on shares of Smith & Nephew plc from GBX 1,196 ($14.94) to GBX 1,199 ($14.98) and gave the company a “neutral” rating in a research note on Friday, July 29th. Berenberg Bank increased their price objective on shares of Smith & Nephew plc from GBX 1,300 ($16.24) to GBX 1,485 ($18.55) and gave the company a “buy” rating in a research note on Tuesday, July 12th. Finally, Jefferies Group reiterated a “buy” rating and issued a GBX 1,420 ($17.74) price objective on shares of Smith & Nephew plc in a research note on Thursday, July 28th. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,285.54 ($16.06).

Shares of Smith & Nephew plc (LON:SN) traded up 1.09% during midday trading on Monday, hitting GBX 1117.00. The company had a trading volume of 2,558,301 shares. The company’s market capitalization is GBX 9.99 billion. The company’s 50-day moving average price is GBX 1,163.38 and its 200 day moving average price is GBX 1,209.37. Smith & Nephew plc has a 12-month low of GBX 1,040.36 and a 12-month high of GBX 1,324.00.

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