Severn Trent Plc (SVT) Upgraded by Citigroup Inc. to Neutral
A number of other equities research analysts have also issued reports on SVT. Credit Suisse Group AG lifted their target price on shares of Severn Trent Plc from GBX 1,990 ($24.86) to GBX 2,100 ($26.24) and gave the company an underperform rating in a research note on Thursday, July 21st. Beaufort Securities restated a buy rating on shares of Severn Trent Plc in a report on Thursday, July 21st. JPMorgan Chase & Co. downgraded shares of Severn Trent Plc to a neutral rating and raised their price target for the company from GBX 2,300 ($28.74) to GBX 2,450 ($30.61) in a report on Friday, July 22nd. Royal Bank Of Canada downgraded shares of Severn Trent Plc to an underperform rating and raised their price target for the company from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a report on Wednesday, October 5th. Finally, Investec restated a buy rating on shares of Severn Trent Plc in a report on Wednesday, October 19th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company’s stock. Severn Trent Plc currently has an average rating of Hold and an average price target of GBX 2,196.13 ($27.44).
Severn Trent Plc (LON:SVT) traded up 1.88% during trading on Wednesday, reaching GBX 2227.00. 1,049,746 shares of the company’s stock were exchanged. Severn Trent Plc has a 1-year low of GBX 2,024.00 and a 1-year high of GBX 2,526.00. The company’s 50-day moving average is GBX 2,320.27 and its 200-day moving average is GBX 2,345.90. The company’s market capitalization is GBX 5248.95 billion.
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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