Severn Trent Plc Rating Reiterated by RBC Capital (SVT)
Severn Trent Plc (LON:SVT)‘s stock had its “sector performer” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Friday. They currently have a GBX 1,850 ($31.14) price objective on the stock. RBC Capital’s price objective would indicate a potential downside of 6.00% from the stock’s previous close.
Severn Trent Plc (LON:SVT) traded up 1.39% during mid-day trading on Friday, hitting GBX 1968.00. 811,891 shares of the company’s stock traded hands. Severn Trent Plc has a one year low of GBX 1612.46 and a one year high of GBX 2200.00. The stock’s 50-day moving average is GBX 1855. and its 200-day moving average is GBX 1785.18. The company’s market cap is £4.702 billion.
The company also recently declared a dividend, which is scheduled for Friday, July 25th. Stockholders of record on Wednesday, June 18th will be given a dividend of GBX 48.24 ($0.81) per share. This represents a yield of 2.48%. The ex-dividend date of this dividend is Wednesday, June 18th.
A number of other analysts have also recently weighed in on SVT. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Severn Trent Plc in a research note on Thursday. They now have a GBX 2,000 ($33.66) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Severn Trent Plc in a research note on Wednesday. They now have a GBX 1,900 ($31.98) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Severn Trent Plc in a research note on Friday, May 23rd. They now have a GBX 1,870 ($31.48) price target on the stock. Three analysts have rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,826.86 ($30.75).
Severn Trent Plc provides clean water and waste water services in the United Kingdom and internationally.
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