By Robert Jamerson
Smith & Nephew plc (LON:SN)‘s stock had its “overweight” rating reissued by analysts at Barclays
in a research report issued to clients and investors on Monday. They currently have a GBX 1,230 ($19.03) price target on the stock. Barclays’ target price suggests a potential upside of 8.47% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd upgraded shares of Smith & Nephew plc to an “add” rating and set a GBX 1,242 ($19.22) price target on the stock in a research note on Thursday, May 21st. Analysts at AlphaValue reiterated a “buy” rating and set a GBX 1,368 ($21.17) price target on shares of Smith & Nephew plc in a research note on Thursday, May 21st. Analysts at Deutsche Bank reiterated a “buy” rating and set a GBX 1,250 ($19.34) price target on shares of Smith & Nephew plc in a research note on Thursday, May 7th. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating and set a GBX 1,320 ($20.43) price target on shares of Smith & Nephew plc in a research note on Wednesday, May 6th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,214.58 ($18.80). 