In a report released yesterday, Sahar Islam from Goldman Sachs maintained a Buy rating on Smith & Nephew, with a price target of p1,400.00. The company’s shares closed yesterday at p1,072.50.
According to TipRanks, Islam is ranked #5788 out of 12446 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Smith & Nephew with a p1,283.78 average price target.
Based on Smith & Nephew’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p3.07 billion and a net profit of p300.52 million. In comparison, last year the company earned a revenue of p2.99 billion and had a net profit of p295.65 million
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SN in relation to earlier this year.
