Smith & Nephew plc (SNN) Receives Consensus Recommendation of “Hold” from Brokerages
Smith & Nephew plc (NYSE:SNN) has received an average rating of “Hold” from the nine brokerages that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company.
Several brokerages recently weighed in on SNN. Zacks Investment Research downgraded shares of Smith & Nephew from a “hold” rating to a “sell” rating in a research note on Wednesday, June 13th. UBS Group raised shares of Smith & Nephew from a “neutral” rating to a “buy” rating in a research note on Wednesday, April 18th. Deutsche Bank downgraded shares of Smith & Nephew from a “hold” rating to a “sell” rating in a research note on Thursday, May 3rd. Finally, HSBC raised shares of Smith & Nephew from a “hold” rating to a “buy” rating in a research note on Monday, March 26th.
Shares of Smith & Nephew traded up $0.12, hitting $35.71, on Friday, Marketbeat reports. The company’s stock had a trading volume of 348,200 shares, compared to its average volume of 748,968. Smith & Nephew has a 52-week low of $33.72 and a 52-week high of $40.43. The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 0.31. The firm has a market capitalization of $15.48 billion, a PE ratio of 18.78, a P/E/G ratio of 2.03 and a beta of 0.58.
Smith & Nephew Company Profile
Smith & Nephew plc designs, develops, 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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