The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Smith & Nephew PLC's (LSE:SN) new strategic plan and 2028 outlook look ambitious, City analysts said, but have been received with some heavy dashes of scepticism. UBS, which kept its rating on the shares at 'neutral' and set a 1,290p price target versus a last close at 1,265p, said treating the targets with caution is warranted as the company has achieved growth of over 6% only six times in the past 20 years, "and only two times in the past 15 years (one of which was 2021 COVID recovery)".
Smith & Nephew PLC (LSE:SN) has launched a new corporate strategy designed to give stronger returns for shareholders, alongside issuing medium-term financial targets through to 2028, alongside updated guidance for 2025 and a provisional outlook for accelerating growth in 2026. The knee and hip replacement company named the strategy RISE, as it will drive improved financial and operational performance by focusing on four pillars: Reaching more patients, Innovation, Scaling through investment, and efficient Execution.
| Household Durables Industry | Consumer Discretionary Sector | Mark Adam Barrocas CEO | TSX-V Exchange | KYG8068L1086 ISIN |
| US Country | 3,600 Employees | 30 Nov 2023 Last Dividend | - Last Split | 14 Dec 2011 IPO Date |
SharkNinja, Inc. is a dynamic product design and technology company with a global presence, dedicated to offering innovative solutions to enhance consumer lifestyles. Established in 2017 with its headquarters in Needham, Massachusetts, SharkNinja operates under the ethos of impactful invention and customer-centric development. The company specializes in a broad spectrum of household appliances and technologies, focused on improving the functionality and convenience of daily chores and tasks. Through its well-established distribution networks, including brick-and-mortar retail, e-commerce platforms, and direct-to-consumer channels, SharkNinja markets its products under two flagship brands, Shark and Ninja, each synonymous with quality and innovation in their respective categories.
SharkNinja's portfolio extends across various categories, emphasizing ease of use, performance, and customer satisfaction: