Severn Trent (LON:SVT) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Severn Trent PLC (LON:SVT) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,980.31 and traded as high as GBX 3,058. Severn Trent shares last traded at GBX 3,004, with a volume of 49,904,691 shares trading hands.

Analyst Ratings Changes

SVT has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 3,300 price objective on shares of Severn Trent in a research report on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on shares of Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research report on Monday, April 13th. UBS Group reissued a “sell” rating and issued a GBX 2,700 price objective on shares of Severn Trent in a research report on Monday, May 18th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,220 price objective on shares of Severn Trent in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of GBX 3,075.57.

Severn Trent Price Performance

The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 596.63. The company’s 50 day moving average is GBX 3,104.51 and its 200 day moving average is GBX 2,980.24. The firm has a market capitalization of £8.94 billion, a price-to-earnings ratio of 28.34, a P/E/G ratio of 4.69 and a beta of 0.56.

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

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.