Smith & Nephew plc (LON:SN - Get Free Report) insider Rupert Soames bought 5,344 shares of the business's stock in a transaction that occurred on Monday, November 11th. The shares were acquired at an average price of GBX 936 ($12.04) per share, for a total transaction of £50,019.84 ($64,367.31).
Smith & Nephew Stock Performance
LON:SN opened at GBX 937.80 ($12.07) on Wednesday. The company has a debt-to-equity ratio of 70.22, a current ratio of 2.51 and a quick ratio of 0.84. The firm's fifty day moving average price is GBX 1,109.78 and its 200 day moving average price is GBX 1,078.77. The firm has a market cap of £8.18 billion, a P/E ratio of 3,473.33, a PEG ratio of 0.46 and a beta of 0.62.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reissued a "buy" rating and issued a £145 ($186.59) price objective on shares of Smith & Nephew in a research note on Monday, August 5th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 3,956.20 ($50.91).
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Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom and internationally. It operates through three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. The company offers knee implant products for knee replacement procedures; hip implants for revision procedures; trauma and extremities products that include internal and external devices used in the stabilization of severe fractures and deformity correction procedures; and other reconstruction products.
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