Berenberg Bank Reaffirms Their Hold Rating on Smith & Nephew Snats (SNN)
In a report released on May 1, from Berenberg Bank maintained a Hold rating on Smith & Nephew Snats, with a price target of $35.11. The company’s shares closed yesterday at $31.16.
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The word on The Street in general, suggests a Hold analyst consensus rating for Smith & Nephew Snats with a $33.56 average price target, representing a 7.70% upside. In a report released on April 24, Canaccord Genuity also maintained a Hold rating on the stock with a $32.00 price target.
Based on Smith & Nephew Snats’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.19 billion and a net profit of $330.82 million. In comparison, last year the company earned a revenue of $2.98 billion and had a net profit of $198 million
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