Severn Trent’s Neutral Rating Reaffirmed at Citigroup Inc. (SVT)
Severn Trent (LON:SVT)‘s stock had its “neutral” rating reiterated by stock analysts at Citigroup Inc. in a report issued on Monday, Analyst Ratings Network.com reports. They currently have a GBX 1,750 ($28.08) price target on the stock. Citigroup Inc.’s price objective would suggest a potential downside of 1.19% from the company’s current price.
SVT has been the subject of a number of other recent research reports. Analysts at RBC Capital reiterated an “underperform” rating on shares of Severn Trent in a research note to investors on Tuesday, October 1st. They now have a GBX 1,580 ($25.35) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “neutral” rating on shares of Severn Trent in a research note to investors on Thursday, September 26th. They now have a GBX 1,740 ($27.92) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Severn Trent in a research note to investors on Monday, September 16th. They now have a GBX 1,680 ($26.95) price target on the stock. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,820.74 ($29.21).
Severn Trent (LON:SVT) traded up 0.23% on Monday, hitting GBX 1770.9999. 252,170 shares of the company’s stock traded hands. Severn Trent has a 1-year low of GBX 1500.00 and a 1-year high of GBX 2200.00. The stock’s 50-day moving average is GBX 1738. and its 200-day moving average is GBX 1773.. The company’s market cap is £4.221 billion.
Severn Trent Plc provides and treats water, and removes waste water in the United Kingdom and internationally.
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