Smith & Nephew plc Reaches New 52-Week High at $79.58 (SNN)
Smith & Nephew plc (NYSE:SNN)’s share price hit a new 52-week high during trading on Tuesday , Analyst Ratings Network.com reports. The stock traded as high as $79.58 and last traded at $79.28, with a volume of 24,948 shares trading hands. The stock had previously closed at $79.08.
A number of analysts have recently weighed in on SNN shares. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Smith & Nephew plc in a research note on Friday. Separately, analysts at Deutsche Bank upgraded shares of Smith & Nephew plc from a “hold” rating to a “buy” rating in a research note on Wednesday, February 12th. Finally, analysts at UBS AG upgraded shares of Smith & Nephew plc from a “neutral” rating to a “buy” rating in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. Smith & Nephew plc presently has an average rating of “Hold” and a consensus target price of $77.00.
The stock’s 50-day moving average is $73.21 and its 200-day moving average is $66.05. The company has a market cap of $14.195 billion and a P/E ratio of 25.76.
Smith & Nephew plc (NYSE:SNN) last released its earnings data on Thursday, February 6th. The company reported $1.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.13 by $0.03. Analysts expect that Smith & Nephew plc will post $4.18 EPS for the current fiscal year.
Smith & Nephew plc is a global medical devices business operating in the orthopedics, endoscopy and advanced wound management markets.
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