Severn Trent PLC (OTCMKTS:STRNY) Stock Rated “Hold” by Wall Street Brokerages

Severn Trent PLC (OTCMKTS:STRNY) has been given an average rating of “Hold” by the six ratings firms that are covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation.

Several equities analysts recently commented on the stock. BNP Paribas Exane began coverage on shares of Severn Trent in a research report on Monday, June 29th. They issued a “neutral” rating for the company. Jefferies Financial Group cut shares of Severn Trent from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd.

Severn Trent Price Performance

Shares of OTCMKTS STRNY opened at $42.05 on Wednesday. Severn Trent has a fifty-two week low of $35.72 and a fifty-two week high of $45.46. The business has a 50-day simple moving average of $41.77 and a two-hundred day simple moving average of $41.48.

About Severn Trent

Severn Trent plc is a United Kingdom-based water and wastewater services company. Through its regulated subsidiary, Severn Trent Water, the company collects, treats and supplies clean water to households and businesses and provides wastewater collection and treatment services.

Severn Trent serves customers across the Midlands and central England, including communities in and around Birmingham, Coventry, Derbyshire, Gloucestershire, Leicestershire, Shropshire, Staffordshire, Warwickshire and Worcestershire.