Severn Trent’s (SVT) Hold Rating Reiterated at Deutsche Bank

Deutsche Bank reissued their hold rating on shares of Severn Trent (LON:SVT) in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

Other analysts have also issued research reports about the company. Barclays reissued a top pick rating and issued a GBX 3,250 ($42.47) target price on shares of in a research report on Wednesday, June 19th. Credit Suisse Group boosted their target price on Johnson & Johnson from $152.00 to $156.00 and gave the company an outperform rating in a research report on Thursday, May 16th. JPMorgan Chase & Co. raised M.D.C. from an underweight rating to a neutral rating in a research report on Monday, July 8th. Goldman Sachs Group began coverage on Colfax in a research report on Friday, April 5th. They issued a buy rating and a $34.00 target price on the stock. Finally, Macquarie raised AGL Energy from an underperform rating to a neutral rating in a research report on Monday, June 17th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. Severn Trent currently has an average rating of Hold and a consensus target price of GBX 2,105.40 ($27.51).

Shares of LON SVT opened at GBX 2,025 ($26.46) on Friday. The stock has a market capitalization of $4.81 billion and a price-to-earnings ratio of 15.20. The company has a current ratio of 0.78, a quick ratio of 0.73 and a debt-to-equity ratio of 530.38. Severn Trent has a 52-week low of GBX 1,758 ($22.97) and a 52-week high of GBX 2,153 ($28.13). The firm has a 50 day moving average price of GBX 2,051.11.

The business also recently disclosed a dividend, which will be paid on Friday, July 19th. Stockholders of record on Thursday, June 13th will be given a dividend of GBX 56.02 ($0.73) per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a dividend yield of 2.89%. This is a positive change from Severn Trent’s previous dividend of $37.35. Severn Trent’s dividend payout ratio is currently 0.70%.

In related news, insider James Bowling sold 5,123 shares of the business’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of GBX 2,035 ($26.59), for a total transaction of £104,253.05 ($136,225.08).

Severn Trent Company Profile

Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.

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Analyst Recommendations for Severn Trent (LON:SVT)

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