Severn Trent (OTCMKTS:STRNY) Rating Lowered to Strong Sell at Zacks Research

Severn Trent (OTCMKTS:STRNY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a report released on Monday,Zacks.com reports.

A number of other research firms also recently weighed in on STRNY. Citigroup upgraded Severn Trent from a “neutral” rating to a “buy” rating in a report on Tuesday, January 20th. Kepler Capital Markets downgraded Severn Trent from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Severn Trent currently has an average rating of “Hold”.

Severn Trent Trading Down 3.1%

STRNY stock opened at $41.91 on Monday. Severn Trent has a fifty-two week low of $33.73 and a fifty-two week high of $44.83. The business’s 50 day moving average price is $42.66 and its two-hundred day moving average price is $39.61.

About Severn Trent

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.