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Severn Trent Plc (LON:SVT)‘s stock had its “market perform” rating reaffirmed by analysts at Sanford C. Bernstein in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,900 ($32.25) price objective on the stock. Sanford C. Bernstein’s target price points to a potential downside of 3.50% from the company’s current price.

Severn Trent Plc (LON:SVT) opened at 1923.00 on Wednesday. Severn Trent Plc has a 52-week low of GBX 1612.46 and a 52-week high of GBX 2011.00. The stock’s 50-day moving average is GBX 1916.68 and its 200-day moving average is GBX 1799.. The company’s market cap is £4.588 billion.

The company also recently announced a dividend, which is scheduled for Friday, July 25th. Investors of record on Wednesday, June 18th will be paid a dividend of GBX 48.24 ($0.82) per share. This represents a dividend yield of 2.48%. The ex-dividend date is Wednesday, June 18th.

A number of other analysts have also recently weighed in on SVT. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Severn Trent Plc in a research note on Friday, June 13th. They now have a GBX 1,750 ($29.71) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Severn Trent Plc from GBX 2,000 ($33.95) to GBX 2,150 ($36.50) in a research note on Friday, June 13th. They now have a “buy” rating on the stock. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of Severn Trent Plc in a research note on Friday, May 30th. They now have a GBX 1,850 ($31.40) price target on the stock. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 1,837.57 ($31.19).

Severn Trent Plc provides clean water and waste water services in the United Kingdom and internationally.

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