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Smith & Nephew plc 16.6% Potential Upside Indicated by Morgan Stanley

Smith & Nephew plc using EPIC/TICKER code (LON:SN) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Morgan Stanley. Smith & Nephew plc are listed in the Health Care sector within UK Main Market. Morgan Stanley have set a target price of 1457 GBX on its stock. This now indicates the analyst believes there is a possible upside of 16.6% from the opening price of 1249.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 8.5 points and decreased 89.5 points respectively. The 52 week high for the stock is 1442 GBX while the 52 week low for the stock is 1173 GBX.

Smith & Nephew plc has a 50 day moving average of 1,283.17 GBX and a 200 Day Moving Average share price is recorded at 1,343.15. There are currently 875,249,600 shares in issue with the average daily volume traded being 2,924,522. Market capitalisation for LON:SN is £10,984,382,480 GBP.

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