Smith & Nephew plc Hits New 52-Week High at $63.43 (SNN)
Smith & Nephew plc (NYSE:SNN) set a new 52-week high on Monday, American Banking and Market News reports. The company traded as high as $63.43 and last traded at $63.38, with a volume of 130,001 shares. The stock had previously closed at $62.14.
A number of research firms have recently commented on SNN. Analysts at Citigroup Inc. downgraded shares of Smith & Nephew plc 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 to a “hold” rating in a research note to investors on Wednesday, July 24th. Eleven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold”.
Smith & Nephew plc has a one year low of $50.74 and a one year high of $63.19. The stock’s 50-day moving average is $61.25 and its 200-day moving average is $59.25. The company has a market cap of $11.490 billion and a price-to-earnings ratio of 20.41.
Smith & Nephew plc is a global medical devices business operating in the orthopedics, endoscopy and advanced wound management markets.
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