Severn Trent (LON:SVT) Stock Price Crosses Above Two Hundred Day Moving Average of $2,094.45

Severn Trent Plc (LON:SVT) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $2,094.45 and traded as high as $2,250.00. Severn Trent shares last traded at $2,200.00, with a volume of 1,494,442 shares trading hands.

Several equities analysts recently issued reports on the stock. 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 note on Thursday, September 5th. Barclays reiterated an “equal weight” rating and issued a GBX 2,300 ($30.05) target price on shares of Severn Trent in a research note on Friday, November 22nd. Credit Suisse Group cut shares of Severn Trent to a “neutral” rating and boosted their target price for the company from GBX 2,100 ($27.44) to GBX 2,160 ($28.22) in a research note on Friday, October 18th. Deutsche Bank reiterated a “hold” rating on shares of Severn Trent in a research note on Friday, November 15th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 2,300 ($30.05) target price on shares of Severn Trent in a research note on Tuesday, October 8th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 2,113.50 ($27.62).

The company has a debt-to-equity ratio of 512.27, a quick ratio of 0.65 and a current ratio of 0.67. The firm’s 50 day moving average is GBX 2,273.04 and its 200-day moving average is GBX 2,094.45. The stock has a market capitalization of $5.25 billion and a price-to-earnings ratio of 17.60.

The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 40.03 ($0.52) per share. This represents a yield of 1.75%. The ex-dividend date is Thursday, November 28th. Severn Trent’s dividend payout ratio is presently 0.77%.

About Severn Trent (LON:SVT)

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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