Barclays Boosts Severn Trent (OTCMKTS:STRNY) Price Target to GBX 3,400

Severn Trent (OTCMKTS:STRNY – Get Rating) had its price target boosted by Barclays from GBX 3,280 ($39.98) to GBX 3,400 ($41.44) in a research note issued to investors on Thursday morning, The Fly reports.

STRNY has been the topic of a number of other research reports. JPMorgan Chase & Co. raised their price target on shares of Severn Trent from GBX 2,700 ($32.91) to GBX 2,750 ($33.52) in a report on Tuesday, December 6th. Royal Bank of Canada downgraded shares of Severn Trent from an outperform rating to a sector perform rating in a report on Monday, February 13th. Finally, Societe Generale upgraded shares of Severn Trent from a hold rating to a buy rating in a report on Monday, January 16th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Severn Trent currently has a consensus rating of Moderate Buy and a consensus target price of $2,943.33.

Severn Trent Stock Performance

STRNY stock opened at $34.39 on Thursday. Severn Trent has a 12-month low of $23.25 and a 12-month high of $42.35. The company has a 50 day moving average of $34.24 and a two-hundred day moving average of $32.18.

About Severn Trent

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Severn Trent Plc engages in the provision of clean water and waste water treatment services and develops renewable energy solutions. It operates through the following segments: Regulated Water & Waste Water and Business Services. The Regulated Water & Waste Water segment includes the wholesale water and waste water activities of Severn Trent Water Limited, its retail services to domestic customers, and Hafren Dyfrdwy Cyfyngedig.