Barclays Remains a Hold on Smith & Nephew (SN)
Barclays analyst Hassan Al-Wakeel maintained a Hold rating on Smith & Nephew today and set a price target of £13.00.
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According to TipRanks, Al-Wakeel is an analyst with an average return of -1.5% and a 44.58% success rate.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Smith & Nephew with a p1,422.40 average price target.
Based on Smith & Nephew’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p3.31 billion and a net profit of p342.47 million. In comparison, last year the company earned a revenue of p2.98 billion and had a net profit of p198 million
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SN in relation to earlier this year.
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- Analyst Maintains Buy on Smith & Nephew as Knee Franchise Recovery and Diversified Growth Support Trimmed 1,450 GBp Price Target
- Smith & Nephew downgraded to Hold from Buy at Kepler Cheuvreux
- Smith & Nephew added to European Conviction List at Goldman Sachs
- Smith & Nephew price target lowered to 1,550 GBp at Goldman Sachs
- Smith & Nephew price target lowered to $30 from $32 at Canaccord
