Royal Bank Of Canada Issues Positive Forecast for Severn Trent (LON:SVT) Stock Price

Severn Trent (LON:SVT) had its price target boosted by equities research analysts at Royal Bank Of Canada from GBX 3,400 to GBX 3,450 in a research note issued to investors on Monday,London Stock Exchange reports. The brokerage presently has a “sector perform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 16.08% from the company’s current price.

Other analysts have also issued reports about the company. JPMorgan Chase & Co. raised their target price on Severn Trent from GBX 2,975 to GBX 3,225 and gave the stock a “neutral” rating in a report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 3,300 target price on shares of Severn Trent in a report on Thursday, May 21st. Jefferies Financial Group reiterated a “buy” rating and set a GBX 3,220 price target on shares of Severn Trent in a research report on Thursday, May 21st. Finally, UBS Group reiterated a “sell” rating and set a GBX 2,700 price target on shares of Severn Trent in a research report on Monday, May 18th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of GBX 3,161.29.

Severn Trent Stock Up 0.1%

Severn Trent stock opened at GBX 2,972 on Monday. The firm has a market cap of £8.95 billion, a price-to-earnings ratio of 28.36, a price-to-earnings-growth ratio of 4.69 and a beta of 0.56. Severn Trent has a 52 week low of GBX 2,381 and a 52 week high of GBX 3,335. The business’s 50-day moving average price is GBX 3,104.51 and its 200 day moving average price is GBX 2,981.54. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 596.63.

Severn Trent (LON:SVT) last posted its earnings results on Wednesday, May 20th. The company reported GBX 179.80 EPS for the quarter. The firm had revenue of GBX 283.10 billion for the quarter. Severn Trent had a return on equity of 20.35% and a net margin of 13.10%. As a group, sell-side analysts anticipate that Severn Trent will post 107.3706004 earnings per share for the current year.

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.