HSBC Boosts Severn Trent (SVT) Price Target to GBX 2,100
Severn Trent (LON:SVT) had its price target lifted by HSBC from GBX 2,080 ($26.83) to GBX 2,100 ($27.09) in a research report report published on Tuesday. The firm currently has a hold rating on the stock.
Several other equities research analysts have also commented on the company. JPMorgan Chase & Co. restated an overweight rating on shares of Severn Trent in a research report on Thursday, July 12th. Royal Bank of Canada upgraded Severn Trent to a top pick rating in a research report on Monday, July 9th. Finally, Deutsche Bank restated a hold rating on shares of Severn Trent in a research report on Wednesday, May 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Severn Trent has an average rating of Hold and a consensus price target of GBX 2,207 ($28.47).
Shares of Severn Trent stock opened at GBX 1,982 ($25.57) on Tuesday. Severn Trent has a one year low of GBX 1,664 ($21.47) and a one year high of GBX 2,575 ($33.22).
About Severn Trent
Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.
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