Analysts Set Severn Trent PLC (LON:SVT) Target Price at GBX 6,867.14

Severn Trent PLC (LON:SVT) has been given an average recommendation of “Reduce” by the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 7,447.50.

Several research analysts have recently weighed in on the company. Citigroup cut their price target on Severn Trent from £332.90 to £287.90 and set a “neutral” rating for the company in a research note on Thursday, June 11th. UBS Group reiterated a “sell” rating and issued a GBX 2,700 target price on shares of Severn Trent in a research note on Monday, May 18th. Royal Bank Of Canada upped their price target on shares of Severn Trent from GBX 3,400 to GBX 3,450 and gave the company a “sector perform” rating in a research note on Monday, June 1st. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 3,220 price objective on shares of Severn Trent in a report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,300 price objective on shares of Severn Trent in a research note on Thursday, May 21st.

Insiders Place Their Bets

In other news, insider Helen Miles sold 11,240 shares of Severn Trent stock in a transaction on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £339,223.20. Also, insider James Jesic sold 6,531 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 value of £197,105.58. Insiders sold 20,551 shares of company stock valued at $61,672,638 over the last ninety days. Corporate insiders own 0.33% of the company’s stock.

Severn Trent Trading Up 0.8%

Shares of SVT stock opened at GBX 3,114 on Friday. The company has a 50 day moving average of GBX 3,004.98 and a 200-day moving average of GBX 3,062.91. 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 has a 12-month low of GBX 2,381 and a 12-month high of GBX 3,335. The firm has a market cap of £9.40 billion, a P/E ratio of 25.30, a PEG ratio of 4.69 and a beta of 0.55.

Severn Trent (LON:SVT) last posted its quarterly earnings data on Wednesday, May 20th. The company reported GBX 179.80 EPS for the quarter. Severn Trent had a return on equity of 20.35% and a net margin of 13.10%.The business had revenue of GBX 283.10 billion for the quarter. 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.