Severn Trent Plc (LON:SVT) had its price objective hoisted by equities research analysts at HSBC from GBX 2,250 ($28.11) to GBX 2,330 ($29.11) in a report released on Wednesday. The brokerage presently has a “hold” rating on the stock. HSBC’s price target points to a potential upside of 5.48% from the stock’s current price.

A number of other brokerages have also commented on SVT. Investec reiterated a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, October 19th. Beaufort Securities reiterated a “buy” rating on shares of Severn Trent Plc in a research note on Thursday, November 17th. Royal Bank Of Canada lowered shares of Severn Trent Plc to an “underperform” rating and lifted their price target for the stock from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research note on Wednesday, October 5th. Deutsche Bank AG reiterated a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, November 16th. Finally, 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 note on Friday, August 26th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 2,202.28 ($27.51).

Analyst Recommendations for Severn Trent Plc (LON:SVT)

Shares of Severn Trent Plc (LON:SVT) opened at 2208.00 on Wednesday. The firm has a 50-day moving average of GBX 2,275.65 and a 200-day moving average of GBX 2,344.69. Severn Trent Plc has a 12 month low of GBX 2,024.00 and a 12 month high of GBX 2,526.00. The company’s market capitalization is GBX 5.19 billion.

The business also recently announced a dividend, which will be paid on Friday, January 6th. Stockholders of record on Thursday, December 1st will be issued a GBX 32.60 ($0.41) dividend. This represents a dividend yield of 1.48%. The ex-dividend date is Thursday, December 1st.

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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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