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Berenberg Bank downgraded Smith & Nephew plc (ADR) (NYSE:SNN) to Hold in a report released today.

Berenberg Bank has downgraded Smith & Nephew plc (ADR) (NYSE:SNN) to Hold in a report released on 10/6/2016.

Yesterday Smith & Nephew plc (ADR) (NYSE:SNN) traded -3.67% lower at $32.44. The company’s 50-day moving average is $32.99 and its 200-day moving average is $33.61. The last stock close price is down -7.02% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 122,188 shares of the stock were exchanged, down from an average trading volume of 417,494

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Smith & Nephew plc (ADR) (NYSE:SNN)

Smith & Nephew plc (ADR) has a 52 week low of $30.23 and a 52 week high of $36.11 with a P/E ratio of 39.36 The company’s market cap is currently $0.

A total of 3 analysts have released a research note on SNN. Two analysts rating the company a strong buy, one analyst rating the company a buy, three 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 $41.17.

Brief Synopsis About Smith & Nephew plc (ADR) (NYSE:SNN)

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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