Severn Trent PLC (LON:SVT) Receives GBX 7,447.50 Average PT from Analysts

Shares of Severn Trent PLC (LON:SVT) have earned an average recommendation of “Reduce” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 7,447.50.

SVT has been the subject of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 3,220 price target on shares of Severn Trent in a report on Monday, August 3rd. Royal Bank Of Canada raised 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 report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 3,300 price objective on shares of Severn Trent in a report on Thursday, May 21st. Finally, Citigroup cut their price target on Severn Trent from £332.90 to £287.90 and set a “neutral” rating on the stock in a research note on Thursday, June 11th.

Severn Trent Stock Up 0.7%

LON SVT opened at GBX 3,028 on Thursday. Severn Trent has a 1-year low of GBX 2,381 and a 1-year high of GBX 3,335. The company has a market capitalization of £9.15 billion, a price-to-earnings ratio of 24.60, a PEG ratio of 4.69 and a beta of 0.55. The stock’s 50 day moving average is GBX 3,037.35 and its two-hundred day moving average is GBX 3,051.83. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 596.63.

Insider Activity at Severn Trent

In related news, 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 transaction of £197,105.58. Also, insider Helen Miles sold 11,240 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total transaction of £339,223.20. 0.29% of the stock is owned by company insiders.

About Severn Trent

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.