Severn Trent Plc Given “Market Perform” Rating at Sanford C. Bernstein (SVT)
Severn Trent Plc (LON:SVT)‘s stock had its “market perform” rating reissued by stock analysts at Sanford C. Bernstein in a report issued on Monday. They currently have a GBX 1,900 ($31.53) price objective on the stock. Sanford C. Bernstein’s price target indicates a potential downside of 2.31% from the stock’s previous close.
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 Friday. They now have a GBX 2,150 ($35.68) price target on the stock. Separately, 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 ($30.70) 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 ($28.71) price target on the stock, up previously from GBX 1,540 ($25.56). Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 1,852.57 ($30.74).
Shares of Severn Trent Plc (LON:SVT) opened at 1954.0001 on Monday. Severn Trent Plc has a 1-year low of GBX 1626.00 and a 1-year high of GBX 2011.00. The stock’s 50-day moving average is GBX 1922. and its 200-day moving average is 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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