Severn Trent Given “Neutral” Rating at BNP Paribas (SVT)
Severn Trent (LON:SVT)‘s stock had its “neutral” rating reaffirmed by investment analysts at BNP Paribas in a note issued to investors on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 1,870 ($30.70) target price on the stock. BNP Paribas’ target price would suggest a potential upside of 11.58% from the stock’s previous close.
SVT has been the subject of a number of other recent research reports. Analysts at Credit Suisse downgraded shares of Severn Trent to an “underperform” rating in a research note to investors on Thursday. They now have a GBX 1,540 ($25.28) price target on the stock, down previously from GBX 1,580 ($25.94). Separately, analysts at Barclays reiterated an “equal weight” rating on shares of Severn Trent in a research note to investors on Tuesday. They now have a GBX 1,725 ($28.32) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Severn Trent in a research note to investors on Tuesday. They now have a GBX 1,550 ($25.44) price target on the stock. Five investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 1,724.31 ($28.30).
Shares of Severn Trent (LON:SVT) remained flat at GBX 1676.00 during trading on Thursday. The stock had a trading volume of 1,021,791 shares. Severn Trent has a one year low of GBX 1559.00 and a one year high of GBX 2200.00. The stock has a 50-day moving average of GBX 1675. and a 200-day moving average of GBX 1748.06. The company’s market cap is £4.004 billion.
Severn Trent Plc provides and treats water, and removes waste water in the United Kingdom and internationally.
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