Severn Trent Plc (SVT) Given Buy Rating at Beaufort Securities
A number of other research firms have also commented on SVT. Royal Bank Of Canada lowered Severn Trent Plc to an underperform rating and increased their price target for the stock from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research report on Wednesday, October 5th. Credit Suisse Group AG restated an underperform rating and set a GBX 2,100 ($26.24) price target on shares of Severn Trent Plc in a research report on Wednesday, July 27th. JPMorgan Chase & Co. lowered Severn Trent Plc to a neutral rating and increased their price target for the stock from GBX 2,300 ($28.74) to GBX 2,450 ($30.61) in a research report on Friday, July 22nd. Investec restated a buy rating on shares of Severn Trent Plc in a research report on Wednesday, October 19th. Finally, Deutsche Bank AG restated a buy rating on shares of Severn Trent Plc in a research report on Wednesday. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 2,196.13 ($27.44).
Severn Trent Plc (LON:SVT) traded down 0.31% during mid-day trading on Thursday, hitting GBX 2220.00. The stock had a trading volume of 830,456 shares. Severn Trent Plc has a 1-year low of GBX 2,024.00 and a 1-year high of GBX 2,526.00. The firm’s market cap is GBX 5.22 billion. The stock has a 50 day moving average of GBX 2,313.27 and a 200-day moving average of GBX 2,345.07.
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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