Severn Trent Plc (SVT) Given Neutral Rating at JPMorgan Chase & Co.
Several other research analysts have also issued reports on SVT. Credit Suisse Group AG reaffirmed an underperform rating and issued a GBX 2,100 ($26.24) target price on shares of Severn Trent Plc in a research note on Friday, August 26th. Royal Bank Of Canada lowered shares of Severn Trent Plc to an underperform rating and lifted their price objective for the stock from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research note on Wednesday, October 5th. Investec reissued a buy rating on shares of Severn Trent Plc in a research note on Wednesday, October 19th. Deutsche Bank AG reissued a buy rating on shares of Severn Trent Plc in a research note on Wednesday, November 16th. Finally, Citigroup Inc. raised shares of Severn Trent Plc to a neutral rating in a research note on Wednesday, November 16th. Three 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’s stock. The company currently has an average rating of Hold and an average price target of GBX 2,198.44 ($27.47).
Severn Trent Plc (LON:SVT) opened at 2232.00 on Friday. Severn Trent Plc has a 52 week low of GBX 2,024.00 and a 52 week high of GBX 2,526.00. The stock’s 50 day moving average is GBX 2,270.08 and its 200 day moving average is GBX 2,343.77. The firm’s market cap is GBX 5.25 billion.
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The firm also recently disclosed 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. The ex-dividend date is Thursday, December 1st. This represents a dividend yield of 1.48%.
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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