Credit Suisse and Barclays lower target price on Smith&Nephew

4th Aug 2022 15:29

(Sharecast News) - Analysts at Credit Suisse lowered their target price for shares of Smith&Nephew after what they described as a "mixed" set of interim results.

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Cost headwinds hit revenue, trading profit at Smith & Nephew

28th Jul 2022 10:12

(Sharecast News) - Smith & Nephew reported second quarter revenue of $1.29bn on Thursday, up 1.2% on an underlying basis but down 3.1% on a reported basis including a 430 basis point foreign exchange headwind.

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Smith+Nephew Q1 revenues beat forecasts as elective surgeries resume

28th Apr 2022 08:13

(Sharecast News) - Medical products maker Smith+Nephew beat first quarter revenue forecasts as elective surgery volumes from the impact of the Omicron Covid variant at the start of the year.

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RBC Capital starts Smith & Nephew at 'outperform'

16th Mar 2022 10:26

(Sharecast News) - RBC Capital Markets initiated coverage of medical products manufacturer Smith & Nephew at 'outperform' on Wednesday with a 1,700p price target.

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Smith & Nephew FY operating profits double, CEO to depart

22nd Feb 2022 07:02

(Sharecast News) - Medical equipment manufacturer Smith & Nephew said on Tuesday that full-year operating profits had doubled in 2021, partly driven by a solid performance in its sports medicine and ENT and advanced wound management units.

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Berenberg slightly raises target price on Smith & Nephew

17th Dec 2021 12:23

(Sharecast News) - Analysts at Berenberg raised their target price on medical services firm Smith & Nephew from £18.25 to £18.40 on Friday following the firm's "extensive meet-the-management event" a day earlier.

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Smith & Nephew to return up to $300m to shareholders in new strategy

16th Dec 2021 12:28

(Sharecast News) - Medical device maker Smith & Nephew outlined its new 'strategy for growth' on Thursday, targeting consistent 4% to 6% organic revenue growth by 2024, "structurally ahead" of historic levels, as it made a new commitment to return up to $300m of capital to shareholders.

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Smith & Nephew hit by Delta variant and shortages

4th Nov 2021 07:36

(Sharecast News) - Smith & Nephew warned annual results would be at the low end of its guidance after Covid-19 and product shortages affected its orthopaedics business in the third quarter.

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Berenberg lowers target price on Smith & Nephew

1st Oct 2021 10:54

(Sharecast News) - Analyst at Berenberg cut their target price on medical equipment manufacturer Smith & Nephew from £20.20 to £18.80 on Friday, stating the firm was now facing a "bumpier road" to the "same destination".

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Director dealings: SMith & Nephew chair ups stake

24th Aug 2021 16:21

(Sharecast News) - Smith & Nephew revealed on Tuesday that chairman Roberto Quarta had acquired 4,149 ordinary shares in the FTSE 100-listed medical equipment manufacturing company.

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Smith & Nephew revenues surge in Q2

29th Jul 2021 08:50

(Sharecast News) - Manufacturing firm Smith & Nephew said on Thursday that revenues soared last quarter amid easing Covid-19 restrictions.

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Thursday broker round-up

1st Jul 2021 13:45

(Sharecast News) - Ascential: Berenberg upgrades to buy with a target price of 485p.

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Credit Suisse highlights 'underappreciated growth drivers' at Smith & Nephew

9th Jun 2021 08:09

(Sharecast News) - Credit Suisse upgraded shares of artificial hip and knee maker Smith & Nephew on Wednesday to 'outperform' from 'neutral', lifting the price target to 1,805p from 1,560p as it pointed to "underappreciated growth drivers".

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Smith & Nephew reinstates guidance as Q1 revenues rise

29th Apr 2021 07:31

(Sharecast News) - Medical products supplier Smith & Nephew reinstated full year guidance after a rise in first quarter revenues driven by increased surgery volumes, acquisitions and new products.

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Berenberg lowers target price on Smith & Nephew

22nd Feb 2021 11:18

(Sharecast News) - Analysts at Berenberg lowered their target price on medical equipment manufacturer Smith & Nephew from £20.05 to £19.85 on Monday, stating the group had sacrificed today "for a better tomorrow".

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