Jefferies Financial Group Reiterates “Buy” Rating for Severn Trent (LON:SVT)

Severn Trent (LON:SVT)‘s stock had its “buy” rating reissued by analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Digital Look reports. They currently have a GBX 2,880 ($36.45) target price on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 21.67% from the company’s current price.

Separately, JPMorgan Chase & Co. cut Severn Trent to an “underweight” rating and increased their price target for the company from GBX 2,400 ($30.38) to GBX 2,450 ($31.01) in a research note on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of GBX 2,940 ($37.21).

Severn Trent Stock Performance

LON SVT opened at GBX 2,367 ($29.96) on Thursday. Severn Trent has a 12-month low of GBX 2,243 ($28.39) and a 12-month high of GBX 2,999.02 ($37.96). The firm has a 50-day moving average price of GBX 2,519.62 and a two-hundred day moving average price of GBX 2,552.69. The company has a market capitalization of £7.08 billion, a P/E ratio of 5,666.67, a P/E/G ratio of 4.69 and a beta of 0.40. The company has a quick ratio of 0.73, a current ratio of 0.88 and a debt-to-equity ratio of 909.57.

Severn Trent Company Profile

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.