Severn Trent (LON:SVT) Downgraded by Jefferies Financial Group

Jefferies Financial Group downgraded shares of Severn Trent (LON:SVT) to a hold rating in a research report report published on Thursday, Digital Look reports. The firm currently has GBX 1,920 ($25.09) target price on the stock, down from their previous target price of GBX 2,340 ($30.58).

A number of other equities analysts have also issued reports on the stock. Morgan Stanley reiterated an equal weight rating on shares of Severn Trent in a research report on Monday, July 15th. Deutsche Bank increased their target price on shares of Severn Trent from GBX 1,950 ($25.48) to GBX 2,050 ($26.79) and gave the company a hold rating in a research report on Tuesday, July 23rd. JPMorgan Chase & Co. reiterated an underweight rating and issued a GBX 2,000 ($26.13) target price on shares of Severn Trent in a research report on Thursday, September 5th. Macquarie assumed coverage on shares of Severn Trent in a research report on Monday, June 17th. They issued an outperform rating and a GBX 2,300 ($30.05) target price for the company. Finally, Royal Bank of Canada reiterated an outperform rating on shares of Severn Trent in a research report on Thursday, July 18th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 2,104.50 ($27.50).

Shares of SVT opened at GBX 2,068 ($27.02) on Thursday. The firm has a 50-day moving average price of GBX 2,028.51 and a 200 day moving average price of GBX 2,019.38. The firm has a market capitalization of $4.92 billion and a PE ratio of 15.53. The company has a quick ratio of 0.73, a current ratio of 0.78 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).



In other news, insider James Bowling sold 5,123 shares of the firm’s stock in a transaction dated 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).

About Severn Trent

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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