Severn Trent Plc (LON:SVT) has been given a consensus rating of “Hold” by the eleven ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,050 ($26.79).
SVT has been the topic of several recent research reports. Jefferies Financial Group cut Severn Trent to a “hold” rating and lowered their target price for the stock from GBX 2,340 ($30.58) to GBX 1,920 ($25.09) in a report on Thursday, September 19th. JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 2,000 ($26.13) target price on shares of Severn Trent in a report on Thursday, September 5th. Barclays restated an “equal weight” rating on shares of Severn Trent in a report on Wednesday, June 19th. Deutsche Bank boosted their target price on Severn Trent from GBX 1,950 ($25.48) to GBX 2,050 ($26.79) and gave the stock a “hold” rating in a report on Tuesday, July 23rd. Finally, Morgan Stanley restated an “equal weight” rating on shares of Severn Trent in a report on Monday, July 15th.
Shares of Severn Trent stock traded up GBX 25 ($0.33) on Friday, hitting GBX 2,099 ($27.43). 468,777 shares of the company were exchanged, compared to its average volume of 1,100,000. The stock has a market capitalization of $4.99 billion and a price-to-earnings ratio of 15.76. The company has a 50-day moving average price of GBX 2,054.62 and a 200 day moving average price of GBX 2,024.60. Severn Trent has a 1-year low of GBX 1,758 ($22.97) and a 1-year high of GBX 2,170 ($28.35). 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 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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