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A statement released earlier today by Morgan Stanley about Smith Nephew PLC (LON:SN) maintains the target price at 1,301.00GBX

Yesterday Smith Nephew PLC (LON:SN) traded -1.00% lower at 1,188.50GBX. The company’s 50-day moving average is 1,206.11GBX and its 200-day moving average is 1,203.59GBX. The last closing price is down -1.46% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time period. 4,737,518 shares of the stock traded hands, up from an average trading volume of 2,989,800

Reporting a possible upside of 0.09%, Morgan Stanley hold steady the target price of Smith Nephew PLC (LON:SN) at 1,301.00GBX

Previously on 02/08/2017, Credit Suisse reported on Smith Nephew PLC (LON:SN) held steady the target price at 1,190.00GBX. At the time, this indicated a possible downside of -0.02%.

See Chart Below

Smith Nephew PLC (LON:SN)

Smith Nephew PLC has a 52 week low of 1,064.91GBX and a 52 week high of 1,324.00GBX with a P/E ratio of 29.87 The company’s market cap is presently 0 GBX.

A total of 14 equity analysts have released a ratings update on SN. Three equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, nine equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 16.63GBX.

Brief Synopsis About Smith Nephew PLC (LON:SN)

Smith & Nephew plc is a medical technology company. The Company is engaged in developing, manufacturing, marketing and selling medical devices and services. The Company offers various product franchises, which include Knee implants, Hip implants, Sports Medicine Joint Repair, Arthroscopy Enabling Technologies, Trauma and Extremities, Other Surgical Businesses, Advanced Wound Care, Advanced Wound Devices and Advanced Wound Bioactives. Its knee systems include LEGION/GENESIS II Total Knee System and JOURNEY II Family of Active Knees. Its hip systems include the ANTHOLOGY Hip System, SYNERGY Hip System, the SMF Femoral Hip System, POLARSTEM Femoral Hip System, the R3 Acetabular System and the POLARCUP Dual Mobility Hip System. Its Sports Medicine Joint Repair products include the FAST-FIX family of meniscal repair systems, the ENDOBUTTON family for knee ligament reconstruction, HEALICOIL PK, FOOTPRINT PK and TWINFIX Suture anchors for repairs of the hip and rotator cuff.

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