Shares of Smith & Nephew plc (LON:SN) traded down 1.6% on Monday . The stock traded as low as GBX 1,366 ($17.96) and last traded at GBX 1,370 ($18.01). 3,937,586 shares changed hands during mid-day trading, an increase of 25% from the average session volume of 3,158,970 shares. The stock had previously closed at GBX 1,392 ($18.30).

Several analysts have recently weighed in on the stock. Citigroup Inc. reissued a “sell” rating and issued a GBX 1,160 ($15.25) price target on shares of Smith & Nephew plc in a research note on Friday. Goldman Sachs Group, Inc. (The) reissued a “neutral” rating and issued a GBX 1,380 ($18.14) price target on shares of Smith & Nephew plc in a research note on Monday, September 11th. J P Morgan Chase & Co increased their price target on shares of Smith & Nephew plc from GBX 1,280 ($16.83) to GBX 1,361 ($17.89) and gave the company a “neutral” rating in a research note on Monday, July 31st. Credit Suisse Group reissued a “neutral” rating and issued a GBX 1,280 ($16.83) price target on shares of Smith & Nephew plc in a research note on Friday, July 28th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a GBX 1,200 ($15.78) price target on shares of Smith & Nephew plc in a research note on Friday, July 28th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have given a buy rating to the stock. Smith & Nephew plc presently has a consensus rating of “Hold” and a consensus target price of GBX 1,289.25 ($16.95).

The firm’s 50 day moving average price is GBX 1,366.25 and its 200 day moving average price is GBX 1,325.23. The stock’s market cap is GBX 12.00 billion.

The company also recently announced a dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Thursday, October 5th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a dividend yield of 0.72%.

In other news, insider Virginia Bottomley bought 223 shares of Smith & Nephew plc stock in a transaction dated Wednesday, August 16th. The shares were acquired at an average cost of GBX 1,380 ($18.14) per share, with a total value of £3,077.40 ($4,046.02).

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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. Its products and services include Sports Medicine Joint Repair, Arthroscopic Enabling Technologies (AET), Trauma & Extremities, Other Surgical Businesses, Knee Implants, Hip Implants, Advanced Wound Care, Advanced Wound Bioactives and Advanced Wound Devices.

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