Severn Trent (LON:SVT) Shares Cross Below 200-Day Moving Average – Should You Sell?

Shares of Severn Trent PLC (LON:SVT) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 3,022.51 and traded as low as GBX 2,967.80. Severn Trent shares last traded at GBX 2,984, with a volume of 774,205 shares trading hands.

Analysts Set New Price Targets

Several research analysts recently weighed in on SVT shares. UBS Group reaffirmed a “sell” rating and issued a GBX 2,700 target price on shares of Severn Trent in a report on Monday, May 18th. Citigroup decreased their price target on Severn Trent from £332.90 to £287.90 and set a “neutral” rating on the stock in a report on Thursday, June 11th. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,220 price objective on shares of Severn Trent in a research report on Thursday, May 21st. JPMorgan Chase & Co. increased their target price on Severn Trent from GBX 2,975 to GBX 3,225 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Finally, Royal Bank Of Canada lifted their target price on Severn Trent from GBX 3,400 to GBX 3,450 and gave the company a “sector perform” rating in a research note on Monday, June 1st. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 6,867.14.

Severn Trent Stock Performance

The firm’s 50 day simple moving average is GBX 2,980.79 and its 200 day simple moving average is GBX 3,024.15. The firm has a market cap of £9.26 billion, a PE ratio of 24.92, a PEG ratio of 4.69 and a beta of 0.55. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 596.63.

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

Insider Activity at Severn Trent

In other news, insider Helen Miles sold 1,430 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of GBX 2,892, for a total transaction of £41,355.60. Also, insider James Jesic sold 1,350 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of GBX 2,892, for a total transaction of £39,042. Company insiders own 0.32% of the company’s stock.

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.