Severn Trent Plc (SVT) Stock Rating Reaffirmed by Deutsche Bank AG
Severn Trent Plc (LON:SVT)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank AG in a note issued to investors on Wednesday.
A number of other research firms have also weighed in on SVT. Royal Bank Of Canada lowered Severn Trent Plc to an “underperform” rating and increased their price target for the company from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research report on Wednesday, October 5th. Credit Suisse Group AG reiterated an “underperform” rating and issued a GBX 2,100 ($26.24) price target on shares of Severn Trent Plc in a research report on Wednesday, July 27th. Beaufort Securities reiterated a “buy” rating on shares of Severn Trent Plc in a research report on Thursday, July 21st. JPMorgan Chase & Co. lowered Severn Trent Plc to a “neutral” rating and increased their price target for the company from GBX 2,300 ($28.74) to GBX 2,450 ($30.61) in a research report on Friday, July 22nd. Finally, Investec reiterated a “buy” rating on shares of Severn Trent Plc in a research report on Wednesday, October 19th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 2,196.13 ($27.44).
Severn Trent Plc (LON:SVT) opened at 2214.00 on Wednesday. The firm’s market cap is GBX 5.21 billion. The company has a 50-day moving average of GBX 2,313.27 and a 200 day moving average of GBX 2,345.07. Severn Trent Plc has a 52 week low of GBX 2,024.00 and a 52 week high of GBX 2,526.00.
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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