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Home / Stocks and Markets at Lows / Smith & Nephew (SN.L) 10-12-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Smith & Nephew (SN.L) 10-12-19

Smith & Nephew (SN.L) has fallen dramatically from recent highs of 1990p. Will it continue, or is this an opportunity to pick up a bargain?

 

  • Now trading at 1667.0p (at time of writing). A return to previous highs would represent a rise of 19%.
  • This stock is one of the most significant fallers in the period.
  • Is the trend your friend, or is a bounce imminent?
  • The market often over-reacts to bad news. Investors should consider whether it is down for good reason, or is this another over-reaction?
  • Investors seeking a bargain should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -16% from 12-month highs; +19% from 12 month lows.

 

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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