Severn Trent’s (SVT) Hold Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group restated their hold rating on shares of Severn Trent (LON:SVT) in a research note published on Monday, MarketBeat.com reports. They currently have a GBX 3,220 price target on the stock.

A number of other research analysts also recently commented on the stock. UBS Group reiterated a “sell” rating and set a GBX 2,700 price objective on shares of Severn Trent in a research note on Monday, May 18th. JPMorgan Chase & Co. boosted their target price on shares of Severn Trent from GBX 2,975 to GBX 3,225 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Citigroup cut their target price on shares of Severn Trent from £332.90 to £287.90 and set a “neutral” rating on the stock in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 3,300 price target on shares of Severn Trent in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada lifted their price target on Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a “sector perform” rating in a research note on Monday, June 1st. Six research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Severn Trent presently has an average rating of “Reduce” and a consensus price target of GBX 6,867.14.

Severn Trent Stock Performance

Shares of SVT opened at GBX 3,082 on Monday. The firm has a market cap of £9.30 billion, a price-to-earnings ratio of 25.04, a PEG ratio of 4.69 and a beta of 0.55. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 596.63. The business’s 50 day moving average is GBX 2,966.24 and its two-hundred day moving average is GBX 3,045.16. Severn Trent has a 52-week low of GBX 2,381 and a 52-week high of GBX 3,335.

Severn Trent (LON:SVT) last released its quarterly earnings results on Wednesday, May 20th. The company reported GBX 179.80 earnings per share for the quarter. The business had revenue of GBX 283.10 billion during the quarter. Severn Trent had a net margin of 13.10% and a return on equity of 20.35%. Analysts forecast that Severn Trent will post 107.3706004 EPS for the current fiscal year.

Insider Buying and Selling at Severn Trent

In other Severn Trent news, insider Helen Miles sold 11,240 shares of the business’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total transaction of £339,223.20. Also, insider James Jesic sold 6,531 shares of the stock in a transaction on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total transaction of £197,105.58. In the last quarter, insiders have sold 20,551 shares of company stock valued at $61,672,638. 0.32% of the stock is owned by insiders.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.