Smith & Nephew plc Reaches New 12-Month High at $61.67 (SNN)
Smith & Nephew plc (NYSE:SNN)’s share price reached a new 52-week high during trading on Thursday, American Banking News reports. The stock traded as high as $61.67 and last traded at $61.52, with a volume of 17,426 shares traded. The stock had previously closed at $61.33.
Several analysts have recently commented on the stock. Analysts at Citigroup Inc. downgraded shares of Smith & Nephew plc (NYSE:SNN) from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, August 13th. Analysts at Investec downgraded shares of Smith & Nephew plc (NYSE:SNN) to a “hold” rating in a research note to investors on Wednesday, July 24th.
One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold”.
Smith & Nephew plc has a 52 week low of $50.74 and a 52 week high of $61.66. The stock’s 50-day moving average is $60.51 and its 200-day moving average is $58.17. The company has a market cap of $11.128 billion and a P/E ratio of 20.14.
The company also recently announced a special dividend, which is scheduled for Tuesday, October 29th. Shareholders of record on Friday, October 11th will be paid a dividend of $0.52 per share. This represents a dividend yield of 2.73%. The ex-dividend date is Wednesday, October 9th.
Smith & Nephew plc is a global medical devices business operating in the orthopedics, endoscopy and advanced wound management markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.