Severn Trent Plc (SVT) Receives Underperform Rating from BNP Paribas
Several other analysts have also issued reports on SVT. Credit Suisse Group AG restated an underperform rating and issued a GBX 2,100 ($26.24) price objective on shares of Severn Trent Plc in a research note on Friday, August 26th. JPMorgan Chase & Co. restated a neutral rating and issued a GBX 2,450 ($30.61) price objective on shares of Severn Trent Plc in a research note on Wednesday, September 7th. Royal Bank Of Canada lowered Severn Trent Plc to an underperform rating and upped their price objective for the company from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research note on Wednesday, October 5th. Investec restated a buy rating on shares of Severn Trent Plc in a research note on Wednesday, October 19th. Finally, Deutsche Bank AG restated a buy rating on shares of Severn Trent Plc in a research note on Wednesday, November 16th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 2,198.44 ($27.47).
Shares of Severn Trent Plc (LON:SVT) opened at 2237.00 on Friday. The company has a 50-day moving average price of GBX 2,270.08 and a 200 day moving average price of GBX 2,343.77. The firm’s market cap is GBX 5.26 billion. Severn Trent Plc has a 52 week low of GBX 2,024.00 and a 52 week high of GBX 2,526.00.
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The business also recently announced a dividend, which will be paid on Friday, January 6th. Investors of record on Thursday, December 1st will be given a dividend of GBX 32.60 ($0.41) per share. This represents a yield of 1.48%. The ex-dividend date is Thursday, December 1st.
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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