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Smith & Nephew's (SNN) 5% Stake Acquired by Cevian Capital
Smith & NephewSmith & Nephew(US:SNN) ZACKS·2024-07-08 16:20

Price Performance SNN carries a Zacks Rank #4 (Sell) at present. Ecolab, carrying a Zacks Rank of 2 at present, has an estimated long-term growth rate of 13.3%. ECL's earnings surpassed estimates in each of the trailing four quarters, the average surprise being 1.7%. Smith & Nephew SNATS (SNN) is likely to witness operational improvements in the future as Cevian Capital, a Swedish investment firm, purchased a 5% stake in the company. Per the Securities and Exchange Commission disclosure, Cevian Capital now ...