A number of other brokerages have also recently weighed in on SVT. Barclays reiterated an equal weight rating on shares of Severn Trent in a research report on Tuesday, November 14th. Deutsche Bank reiterated a hold rating and set a GBX 2,200 ($30.40) price target on shares of Severn Trent in a research report on Thursday, December 14th. Goldman Sachs Group assumed coverage on Severn Trent in a report on Friday, January 26th. They issued a sell rating and a GBX 1,881 ($25.99) price objective for the company. Finally, Morgan Stanley decreased their price objective on Severn Trent from GBX 2,360 ($32.61) to GBX 2,130 ($29.43) and set an equal weight rating for the company in a report on Tuesday, March 6th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 2,307.33 ($31.88).
Shares of Severn Trent (SVT) opened at GBX 1,818.50 ($25.12) on Friday. The firm has a market capitalization of $4,300.00 and a P/E ratio of 1,478.46. Severn Trent has a 1 year low of GBX 1,664 ($22.99) and a 1 year high of GBX 2,575 ($35.58).
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Severn Trent Company Profile
Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.
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