Smith & Nephew plc (LON:SN) Given Average Recommendation of “Hold” by Analysts

Shares of Smith & Nephew plc (LON:SNGet Free Report) have been assigned an average rating of “Hold” from the nine brokerages that are currently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 1,310.

Several analysts recently commented on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,500 target price on shares of Smith & Nephew in a report on Wednesday, August 5th. JPMorgan Chase & Co. lowered their price objective on Smith & Nephew from GBX 1,438 to GBX 1,290 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Berenberg Bank dropped their price objective on shares of Smith & Nephew from GBX 1,300 to GBX 1,250 and set a “hold” rating on the stock in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,400 target price on shares of Smith & Nephew in a report on Thursday, July 30th. Finally, Shore Capital Group reiterated a “buy” rating and issued a GBX 1,000 target price on shares of Smith & Nephew in a research note on Tuesday, July 21st.

Read Our Latest Stock Analysis on Smith & Nephew

Smith & Nephew Stock Down 0.4%

Shares of SN stock opened at GBX 1,069.50 on Friday. The firm has a market cap of £11.72 billion, a PE ratio of 38.51, a PEG ratio of 0.46 and a beta of 0.69. The company has a 50-day moving average of GBX 1,129.08 and a 200-day moving average of GBX 1,183.24. The company has a current ratio of 2.14, a quick ratio of 0.84 and a debt-to-equity ratio of 73.07.

About Smith & Nephew

(Get Free Report)

Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom and internationally. It operates through three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. The company offers knee implant products for knee replacement procedures; hip implants for revision procedures; trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures; and other reconstruction products.

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Analyst Recommendations for Smith & Nephew (LON:SN)

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