Smith & Nephew PLC (NYSE: SNN) stock closed at $25.09 on 10/31/24 after a major decline of -13.0%. Moreover, trading volume in this decline was exceptionally high at 356% of normal. The stock has declined -14.2% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SNN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Smith & Nephew has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Smith & Nephew has a slightly negative Appreciation Score of 37 and a neutral Power Rating of 58, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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