Severn Trent Plc (LON:SVT) Given Average Recommendation of “Hold” by Analysts
Shares of Severn Trent Plc (LON:SVT) have been given a consensus recommendation of “Hold” by the sixteen ratings firms that are presently covering the company. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,179.14 ($28.44).
Several research analysts recently weighed in on the company. Credit Suisse Group AG restated an “underperform” rating and set a GBX 2,100 ($27.41) target price on shares of Severn Trent Plc in a research note on Thursday, September 8th. Beaufort Securities restated a “buy” rating on shares of Severn Trent Plc in a research note on Thursday, July 21st. JPMorgan Chase & Co. boosted their target price on Severn Trent Plc from GBX 2,250 ($29.37) to GBX 2,300 ($30.02) and gave the stock an “overweight” rating in a research note on Monday, June 13th. HSBC restated a “hold” rating and set a GBX 2,250 ($29.37) target price on shares of Severn Trent Plc in a research note on Tuesday, July 5th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Severn Trent Plc in a research note on Friday, June 24th.
Shares of Severn Trent Plc (LON:SVT) traded down 0.12% during mid-day trading on Wednesday, reaching GBX 2483.00. The company’s stock had a trading volume of 343,732 shares. The firm’s 50-day moving average price is GBX 2,419.33 and its 200 day moving average price is GBX 2,311.74. The firm’s market cap is GBX 5.84 billion. Severn Trent Plc has a 12-month low of GBX 2,024.00 and a 12-month high of GBX 2,517.00.
About Severn Trent Plc
Severn Trent Plc is a United Kingdom-based company, which treats and provides water and removes waste water in the United Kingdom and internationally. The Company operates through two segments: Severn Trent Water and Severn Trent Services. Severn Trent Water provides high quality water and sewerage services to over 3.3 million households and businesses in the Midlands and mid-Wales.
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