A number of other research firms have also issued reports on SVT. Royal Bank of Canada reaffirmed an “outperform” rating and set a GBX 2,300 ($30.05) target price on shares of Severn Trent in a report on Tuesday, October 8th. Jefferies Financial Group lowered 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. Deutsche Bank lifted 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. JPMorgan Chase & Co. reaffirmed 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. Finally, Credit Suisse Group lowered Severn Trent to a “neutral” rating and lifted their target price for the stock from GBX 2,100 ($27.44) to GBX 2,160 ($28.22) in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,115.50 ($27.64).
LON:SVT opened at GBX 2,307 ($30.15) on Thursday. The business’s 50-day moving average price is GBX 2,210.54 and its 200 day moving average price is GBX 2,070.04. The firm has a market cap of $5.47 billion and a P/E ratio of 17.32. Severn Trent has a 52-week low of GBX 1,758 ($22.97) and a 52-week high of GBX 2,338 ($30.55). 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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