Severn Trent (LON:SVT) Stock Crosses Above 200-Day Moving Average of $2,192.79

Severn Trent Plc (LON:SVT)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $2,192.79 and traded as high as $2,535.00. Severn Trent shares last traded at $2,521.00, with a volume of 451,497 shares changing hands.

Several equities analysts recently commented on SVT shares. Goldman Sachs Group increased their price objective on shares of Severn Trent from GBX 1,863 ($24.51) to GBX 1,986 ($26.12) and gave the company a “sell” rating in a research report on Wednesday, December 4th. BNP Paribas lowered shares of Severn Trent to an “underperform” rating and decreased their price objective for the company from GBX 2,000 ($26.31) to GBX 1,850 ($24.34) in a research report on Thursday, December 5th. Barclays upgraded shares of Severn Trent to an “overweight” rating and increased their price target for the stock from GBX 2,300 ($30.26) to GBX 2,400 ($31.57) in a report on Monday, December 16th. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 2,300 ($30.26) price target on shares of Severn Trent in a report on Tuesday, October 8th. Finally, Credit Suisse Group downgraded shares of Severn Trent to a “neutral” rating and increased their price target for the stock from GBX 2,100 ($27.62) to GBX 2,160 ($28.41) in a report on Friday, October 18th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Severn Trent currently has an average rating of “Hold” and a consensus target price of GBX 2,156.60 ($28.37).

The company’s fifty day moving average is GBX 2,417.40 and its two-hundred day moving average is GBX 2,194.99. 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 company has a market cap of $6.00 billion and a price-to-earnings ratio of 20.17.

The firm also recently declared a dividend, which was paid on Friday, January 3rd. Investors of record on Thursday, November 28th were issued a GBX 40.03 ($0.53) dividend. The ex-dividend date was Thursday, November 28th. This represents a yield of 1.75%. Severn Trent’s dividend payout ratio (DPR) is presently 0.77%.

In other Severn Trent news, insider Christine Mary Hodgson purchased 2,020 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were bought at an average price of GBX 2,500 ($32.89) per share, for a total transaction of £50,500 ($66,429.89).

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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