Smith & Nephew plc (LON:SN) has been assigned a consensus rating of “Hold” from the ten analysts that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,602.86 ($20.94).
Several brokerages have weighed in on SN. Deutsche Bank reiterated a “hold” rating on shares of Smith & Nephew in a research report on Friday, July 12th. Shore Capital reiterated a “sell” rating on shares of Smith & Nephew in a research report on Wednesday, July 31st. UBS Group boosted their price objective on Smith & Nephew from GBX 1,730 ($22.61) to GBX 1,830 ($23.91) and gave the company a “neutral” rating in a research report on Tuesday, August 6th. JPMorgan Chase & Co. boosted their price objective on Smith & Nephew from GBX 1,689 ($22.07) to GBX 1,758 ($22.97) and gave the company a “neutral” rating in a research report on Thursday, May 9th. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 1,475 ($19.27) price objective on shares of Smith & Nephew in a research report on Friday, April 26th.
SN stock traded down GBX 11.50 ($0.15) during midday trading on Friday, hitting GBX 1,880 ($24.57). The company had a trading volume of 2,398,802 shares, compared to its average volume of 3,250,000. The company has a current ratio of 2.00, a quick ratio of 0.96 and a debt-to-equity ratio of 44.00. Smith & Nephew has a 52 week low of GBX 1,242.50 ($16.24) and a 52 week high of GBX 1,940 ($25.35). The firm has a 50 day moving average price of GBX 1,784.56. The company has a market capitalization of $16.45 billion and a PE ratio of 23.59.
The firm also recently announced a dividend, which will be paid on Wednesday, October 30th. Stockholders of record on Thursday, October 3rd will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a dividend yield of 0.62%. Smith & Nephew’s dividend payout ratio (DPR) is presently 0.35%.
Smith & Nephew Company Profile
Smith & Nephew plc develops, manufactures, and sells medical devices worldwide. The company offers sports medicine joint repair products for surgeons, including an array of instruments, technologies, and implants necessary to perform minimally invasive surgery of the joints, such as the repair of soft tissue injuries and degenerative conditions of the knee, hip, and shoulder.
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