Severn Trent (LON:SVT) Insider James Jesic Sells 1,350 Shares

Severn Trent PLC (LON:SVT) insider James Jesic sold 1,350 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of GBX 2,892, for a total value of £39,042.

Severn Trent Trading Up 0.8%

Shares of LON SVT traded up GBX 22 during mid-day trading on Tuesday, reaching GBX 2,896. The company had a trading volume of 82,779,336 shares, compared to its average volume of 14,132,300. The business’s 50-day moving average is GBX 3,081.74 and its 200-day moving average is GBX 2,994.44. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 596.63. The stock has a market cap of £8.74 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 4.69 and a beta of 0.54. Severn Trent PLC has a 52 week low of GBX 2,381 and a 52 week high of GBX 3,335.

Severn Trent (LON:SVT) last released its quarterly earnings data on Wednesday, May 20th. The company reported GBX 179.80 earnings per share (EPS) for the quarter. The company had revenue of GBX 283.10 billion during the quarter. Severn Trent had a net margin of 13.10% and a return on equity of 20.35%. Equities analysts expect that Severn Trent PLC will post 107.3706004 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on SVT. UBS Group restated a “sell” rating and set a GBX 2,700 price objective on shares of Severn Trent in a report on Monday, May 18th. JPMorgan Chase & Co. raised their price target on Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 3,300 price objective on shares of Severn Trent in a report on Thursday, May 21st. Citigroup lowered their price objective on shares of Severn Trent from £332.90 to £287.90 and set a “neutral” rating for the company in a research note on Thursday, June 11th. Finally, Royal Bank Of Canada raised their target price on shares of Severn Trent from GBX 3,400 to GBX 3,450 and gave the company a “sector perform” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 6,867.14.

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.