Shares of Smith & Nephew plc (NYSE:SNN) have earned an average rating of “Hold” from the ten research firms that are covering the stock. Eight investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

A number of brokerages recently commented on SNN. Bank of America Corp. reissued a “buy” rating on shares of Smith & Nephew plc in a research note on Tuesday, November 8th. Deutsche Bank AG reissued a “hold” rating on shares of Smith & Nephew plc in a research note on Monday, November 7th. Zacks Investment Research raised shares of Smith & Nephew plc from a “sell” rating to a “hold” rating in a research note on Thursday, October 27th. Berenberg Bank downgraded shares of Smith & Nephew plc from a “buy” rating to a “hold” rating in a research note on Thursday, October 6th. Finally, Beaufort Securities reissued a “hold” rating on shares of Smith & Nephew plc in a research note on Wednesday, August 10th.

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Several institutional investors have recently modified their holdings of the company. Checchi Capital Advisers LLC increased its position in shares of Smith & Nephew plc by 2.8% in the second quarter. Checchi Capital Advisers LLC now owns 5,892 shares of the company’s stock worth $202,000 after buying an additional 158 shares during the last quarter. 1st Global Advisors Inc. increased its position in shares of Smith & Nephew plc by 19.5% in the second quarter. 1st Global Advisors Inc. now owns 8,715 shares of the company’s stock worth $299,000 after buying an additional 1,422 shares during the last quarter. Dorsey Wright & Associates increased its position in shares of Smith & Nephew plc by 16.9% in the second quarter. Dorsey Wright & Associates now owns 8,447 shares of the company’s stock worth $290,000 after buying an additional 1,223 shares during the last quarter. Bollard Group LLC increased its position in shares of Smith & Nephew plc by 57.5% in the second quarter. Bollard Group LLC now owns 60,025 shares of the company’s stock worth $2,060,000 after buying an additional 21,925 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of Smith & Nephew plc during the second quarter worth about $288,000. 5.99% of the stock is currently owned by institutional investors and hedge funds.

Smith & Nephew plc (NYSE:SNN) traded up 0.2832% during trading on Monday, hitting $28.2899. The stock had a trading volume of 345,193 shares. The firm has a market cap of $12.65 billion, a PE ratio of 35.6296 and a beta of 0.81. The company’s 50 day moving average is $29.15 and its 200 day moving average is $32.47. Smith & Nephew plc has a 52-week low of $26.97 and a 52-week high of $36.11.

Smith & Nephew plc Company Profile

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.

5 Day Chart for NYSE:SNN

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