Deutsche Bank AG Reaffirms Hold Rating for Smith & Nephew plc (SN)
Deutsche Bank AG reaffirmed their hold rating on shares of Smith & Nephew plc (LON:SN) in a report issued on Friday morning, Marketbeat Ratings reports. Deutsche Bank AG currently has a GBX 1,200 ($15.83) price objective on the stock.
Other research analysts have also issued research reports about the stock. Goldman Sachs Group, Inc. (The) reissued a neutral rating and set a GBX 1,270 ($16.75) target price on shares of Smith & Nephew plc in a research report on Friday, May 5th. Citigroup Inc. reissued a sell rating and set a GBX 1,160 ($15.30) target price on shares of Smith & Nephew plc in a research report on Thursday, June 22nd. Credit Suisse Group boosted their target price on shares of Smith & Nephew plc from GBX 1,160 ($15.30) to GBX 1,200 ($15.83) and gave the stock a neutral rating in a research report on Monday, May 15th. Morgan Stanley reissued an overweight rating on shares of Smith & Nephew plc in a research report on Monday, May 15th. Finally, J P Morgan Chase & Co cut their target price on shares of Smith & Nephew plc from GBX 1,345 ($17.74) to GBX 1,280 ($16.88) and set a neutral rating for the company in a research report on Monday, May 15th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of GBX 1,285.46 ($16.96).
Smith & Nephew plc (SN) opened at 1321.00 on Friday. The firm’s market capitalization is GBX 11.57 billion. The company has a 50-day moving average price of GBX 1,332.75 and a 200-day moving average price of GBX 1,273.06. Smith & Nephew plc has a 1-year low of GBX 1,064.91 and a 1-year high of GBX 1,390.00.
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The firm also recently announced a dividend, which will be paid on Wednesday, November 1st. Investors of record on Thursday, October 5th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a yield of 0.72%.
Smith & Nephew plc Company Profile
Smith & Nephew plc is a medical technology company. The Company is engaged in developing, manufacturing, marketing and selling medical devices and services. Its products and services include Sports Medicine Joint Repair, Arthroscopic Enabling Technologies (AET), Trauma & Extremities, Other Surgical Businesses, Knee Implants, Hip Implants, Advanced Wound Care, Advanced Wound Bioactives and Advanced Wound Devices.
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