Severn Trent (LON:SVT) Hits New 1-Year High – What’s Next?

Severn Trent PLC (LON:SVT) shares reached a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 3,380 and last traded at GBX 3,370, with a volume of 1,801,403 shares trading hands. The stock had previously closed at GBX 3,326.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 3,220 target price on shares of Severn Trent in a report on Monday, August 3rd. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Severn Trent has a consensus rating of “Reduce” and an average target price of GBX 7,447.50.

Severn Trent Stock Performance

The business’s 50-day simple moving average is GBX 3,120.18 and its 200 day simple moving average is GBX 3,071.09. The company has a debt-to-equity ratio of 596.63, a quick ratio of 0.73 and a current ratio of 1.39. The firm has a market cap of £9.99 billion, a P/E ratio of 26.86, a P/E/G ratio of 4.69 and a beta of 0.54.

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.