Severn Trent (SVTRF) Receives “Neutral” Rating from Citigroup Inc.
A number of other equities research analysts also recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of Severn Trent from an overweight rating to a neutral rating in a report on Friday, July 22nd. Bank of America Corp. downgraded shares of Severn Trent from a neutral rating to an underperform rating in a report on Wednesday, September 7th. Finally, Macquarie raised shares of Severn Trent from a neutral rating to an outperform rating in a research note on Wednesday, September 14th. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company presently has a consensus rating of Hold.
Severn Trent (OTCMKTS:SVTRF) remained flat at $27.00 during midday trading on Friday. The firm’s 50-day moving average is $29.73 and its 200-day moving average is $31.38. Severn Trent has a 12-month low of $27.00 and a 12-month high of $34.10. The firm has a market cap of $6.35 billion and a price-to-earnings ratio of 15.46.
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