Smith & Nephew plc 8.6% Potential Decrease Indicated by Credit Suisse

Broker Ratings
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Smith & Nephew plc using EPIC/TICKER code (LON:SN) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Credit Suisse. Smith & Nephew plc are listed in the Health Care sector within UK Main Market. Credit Suisse have set their target price at 1390 GBX on its stock. This is indicating the analyst believes there is a potential downside of -8.6% from today’s opening price of 1520 GBX. Over the last 30 and 90 trading days the company share price has increased 95 points and increased 118 points respectively. The 52 week high for the share price is currently at 1548.5 GBX while the 52 week low for the stock is 1210.5 GBX.

Smith & Nephew plc has a 50 day moving average of 1,459.54 GBX and the 200 Day Moving Average price is recorded at 1,386.49. There are currently 875,829,384 shares in issue with the average daily volume traded being 2,812,122. Market capitalisation for LON:SN is £13,247,254,322 GBP.

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