Smith & Nephew PLC Stock Price Experiences Moderate Fluctuations
Smith & Nephew PLC, a health care equipment and supplies company, has seen its stock price experience moderate fluctuations in recent days. The company’s shares have been impacted by the Bank of England’s decision to cut interest rates by 0.25%, which has led to a decline in the FTSE 100 index.
Price Target Adjustment Analysts at Berenberg have raised their price target for Smith & Nephew to 1300 pence, citing a ‘hold’ recommendation. This development suggests that the company’s stock price may experience some upward momentum in the near future.
Stock Price Range The company’s stock price remains relatively stable, with a 52-week high of 1366 pence and a 52-week low of 911 pence.
Key Statistics
- 52-week high: 1366 pence
- 52-week low: 911 pence
- Price target: 1300 pence (Berenberg analysts)