Severn Trent Plc (SVT) Earns Buy Rating from Investec
Severn Trent Plc (LON:SVT)‘s stock had its ” buy” rating reiterated by research analysts at Investec in a research note issued on Wednesday.
Several other research analysts also recently issued reports on SVT. Deutsche Bank AG reiterated a “buy” rating on shares of Severn Trent Plc in a research report on Friday, June 24th. Beaufort Securities reiterated a “buy” rating on shares of Severn Trent Plc in a research report on Thursday, July 21st. HSBC reiterated a “hold” rating and set a GBX 2,250 ($27.42) price target on shares of Severn Trent Plc in a research report on Tuesday, July 5th. JPMorgan Chase & Co. downgraded shares of Severn Trent Plc to a “neutral” rating and upped their price target for the stock from GBX 2,300 ($28.03) to GBX 2,450 ($29.86) in a research report on Friday, July 22nd. Finally, Royal Bank Of Canada downgraded shares of Severn Trent Plc to an “underperform” rating and upped their price target for the stock from GBX 2,200 ($26.81) to GBX 2,300 ($28.03) in a research report on Wednesday, October 5th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have given a buy rating to the stock. Severn Trent Plc presently has a consensus rating of “Hold” and an average price target of GBX 2,196.13 ($26.77).
Severn Trent Plc (LON:SVT) opened at 2352.00 on Wednesday. The firm’s market cap is GBX 5.53 billion. Severn Trent Plc has a 52 week low of GBX 2,024.00 and a 52 week high of GBX 2,526.00. The stock has a 50 day moving average of GBX 2,408.27 and a 200 day moving average of GBX 2,338.42.
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Severn Trent Plc Company Profile
Severn Trent Plc is a United Kingdom-based company, which treats and provides water and removes waste water in the United Kingdom and internationally. The Company operates through two segments: Severn Trent Water and Severn Trent Services. Severn Trent Water provides high quality water and sewerage services to over 3.3 million households and businesses in the Midlands and mid-Wales.
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