Severn Trent Plc’s “Buy” Rating Reaffirmed at Deutsche Bank (SVT)
Severn Trent Plc (LON:SVT)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank in a research report issued to clients and investors on Friday. They currently have a GBX 2,150 ($35.58) price target on the stock. Deutsche Bank’s price objective suggests a potential upside of 10.09% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated a “sector performer” rating on shares of Severn Trent Plc in a research note on Friday, August 22nd. They now have a GBX 1,850 ($30.61) 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 Friday, August 8th. They now have a GBX 1,900 ($31.44) price target on the stock. Finally, analysts at Credit Suisse upgraded shares of Severn Trent Plc to a “neutral” rating in a research note on Friday, August 1st. They now have a GBX 1,730 ($28.63) price target on the stock, up previously from GBX 1,540 ($25.48). Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 1,852.57 ($30.66).
Severn Trent Plc (LON:SVT) opened at 1954.0001 on Friday. Severn Trent Plc has a 1-year low of GBX 1626.00 and a 1-year high of GBX 2011.00. The stock has a 50-day moving average of GBX 1922. and a 200-day moving average of GBX 1883.. The company’s market cap is £4.669 billion.
Severn Trent Plc provides clean water and waste water services in the United Kingdom and internationally.
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