SNN Forecast


Bullish Case: Despite recent declines, ongoing institutional interest (Goldman Sachs) and potential recovery in broader market conditions suggest a rebound. Historical data shows likelihood of positive returns for holding periods near 1 year.


Bearish Case: Significant recent price decline, mean reversion characteristics, and slightly negative short-term price forecast (-0.07%) imply continued downtrend. High volatility and pessimistic short-term outlook further support bearish case.


Potential Outcomes:

1. Continued decline due to mean reversion (60%).

2. Short-term rebound driven by institutional buying & market recovery (30%).

3. Stagnation owing to mixed financial metrics and market conditions (10%).


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June 26, 2024


Smith & Nephew plc Forecast

SNN      Smith & Nephew plc











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