Severn Trent Plc (SVT) Stock Rating Reaffirmed by JPMorgan Chase & Co.
Severn Trent Plc (LON:SVT)‘s stock had its “neutral” rating restated by investment analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. They presently have a GBX 2,450 ($30.61) price target on the stock. JPMorgan Chase & Co.’s price target would indicate a potential upside of 10.36% from the stock’s current price.
Other research analysts have also recently issued research reports about the stock. Deutsche Bank AG reaffirmed a “buy” rating on shares of Severn Trent Plc in a report on Wednesday, November 16th. Citigroup Inc. raised shares of Severn Trent Plc to a “neutral” rating in a report on Wednesday, November 16th. Beaufort Securities reissued a “buy” rating on shares of Severn Trent Plc in a research note on Thursday, July 21st. Royal Bank Of Canada cut shares of Severn Trent Plc to an “underperform” rating and boosted their target price for the stock from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research note on Wednesday, October 5th. Finally, Investec reissued a “buy” rating on shares of Severn Trent Plc in a research note 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 issued a buy rating to the company’s stock. Severn Trent Plc currently has an average rating of “Hold” and an average target price of GBX 2,196.13 ($27.44).
Shares of Severn Trent Plc (LON:SVT) opened at 2219.00 on Thursday. The company has a 50-day moving average of GBX 2,300.53 and a 200-day moving average of GBX 2,344.53. The stock’s market capitalization is GBX 5.22 billion. Severn Trent Plc has a 52-week low of GBX 2,024.00 and a 52-week high of GBX 2,526.00.
Severn Trent Plc Company Profile
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.
Receive News & Stock Ratings for Severn Trent Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent Plc and related stocks with our FREE daily email newsletter.