Severn Trent (LON:SVT) Hits New 12-Month High – What’s Next?

Severn Trent PLC (LON:SVT) hit a new 52-week high on Tuesday . The company traded as high as GBX 2,862 and last traded at GBX 2,861.40, with a volume of 1092683 shares. The stock had previously closed at GBX 2,809.

Analyst Ratings Changes

SVT has been the topic of a number of recent research reports. Citigroup decreased their price objective on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,610 price objective on shares of Severn Trent in a research report on Wednesday, October 1st. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,850 target price on shares of Severn Trent in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 2,858.80.

Severn Trent Trading Up 2.0%

The business has a 50 day moving average of GBX 2,771.91 and a 200 day moving average of GBX 2,685.10. The firm has a market capitalization of £8.63 billion, a price-to-earnings ratio of 27.35, a PEG ratio of 4.69 and a beta of 0.38. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73.

Severn Trent (LON:SVT) last issued its earnings results on Wednesday, November 19th. The company reported GBX 101 earnings per share (EPS) for the quarter. Severn Trent had a return on equity of 10.40% and a net margin of 6.00%. As a group, research analysts predict that Severn Trent PLC will post 107.3706004 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Helen Miles sold 22,000 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of GBX 2,758, for a total value of £606,760. 0.32% of the stock is owned by company insiders.

Severn Trent Company Profile

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.