Berenberg Bank reissued their hold rating on shares of Smith & Nephew plc (LON:SN) in a research report released on Thursday morning. Berenberg Bank currently has a GBX 1,080 ($16.16) price objective on the stock.
Berenberg Bank has also taken action a number of other stocks recently. The firm reiterated its hold rating on shares of Smith & Nephew plc. Also, Berenberg Bank reiterated its buy rating on shares of Diageo plc.
Shares of Smith & Nephew plc (LON:SN) traded up 0.34% during mid-day trading on Thursday, hitting GBX 1173.00. 2,970,859 shares of the company’s stock traded hands. Smith & Nephew plc has a 1-year low of GBX 872.60 and a 1-year high of GBX 1216.00. The stock’s 50-day moving average is GBX 1150. and its 200-day moving average is GBX 1119.. The company’s market cap is £10.48 billion.
