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Smith & Nephew Snats (SNN) Gets a Hold from Berenberg Bank

Tipranks - Tipranks - Sat Jan 24, 2:56AM CST

In a report released yesterday, Sam England from Berenberg Bank maintained a Hold rating on Smith & Nephew Snats, with a price target of $34.91. The company’s shares closed yesterday at $33.08.

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England covers the Healthcare sector, focusing on stocks such as Smith & Nephew Snats, ConvaTec, and Carl Zeiss Meditec. According to TipRanks, England has an average return of -1.1% and a 50.82% success rate on recommended stocks.

Smith & Nephew Snats has an analyst consensus of Hold, with a price target consensus of $34.46, implying a 4.17% upside from current levels. In a report released on January 13, Canaccord Genuity also reiterated a Hold rating on the stock with a $34.00 price target.

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Based on Smith & Nephew Snats’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.99 billion and a net profit of $295.65 million. In comparison, last year the company earned a revenue of $2.83 billion and had a net profit of $214 million

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