Severn Trent Plc (LON:SVT) Receives Consensus Recommendation of “Hold” from Analysts
Severn Trent Plc (LON:SVT) has earned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 2,382.50 ($30.93).
SVT has been the topic of several recent research reports. Deutsche Bank AG raised their price target on shares of Severn Trent Plc from GBX 2,450 ($31.81) to GBX 2,500 ($32.45) and gave the company a “hold” rating in a research report on Thursday, June 8th. Morgan Stanley dropped their target price on shares of Severn Trent Plc from GBX 2,395 ($31.09) to GBX 2,355 ($30.57) and set an “equal weight” rating on the stock in a research report on Tuesday, July 18th. Macquarie reissued an “outperform” rating and set a GBX 2,570 ($33.36) target price on shares of Severn Trent Plc in a research report on Friday, April 21st. J P Morgan Chase & Co lifted their target price on shares of Severn Trent Plc from GBX 2,280 ($29.60) to GBX 2,500 ($32.45) and gave the stock a “neutral” rating in a research report on Wednesday, May 24th. Finally, Beaufort Securities reissued a “buy” rating on shares of Severn Trent Plc in a research report on Wednesday, May 24th.
In other news, insider Emma FitzGerald sold 7,282 shares of the firm’s stock in a transaction that occurred on Tuesday, July 18th. The shares were sold at an average price of GBX 2,237 ($29.04), for a total transaction of £162,898.34 ($211,473.89). Also, insider Dominique Reiniche purchased 400 shares of the firm’s stock in a transaction dated Tuesday, June 27th. The shares were bought at an average price of GBX 2,266 ($29.42) per share, with a total value of £9,064 ($11,766.84).
Severn Trent Plc (LON:SVT) opened at 2282.00 on Tuesday. Severn Trent Plc has a 12 month low of GBX 2,047.00 and a 12 month high of GBX 2,575.00. The firm’s 50-day moving average price is GBX 2,227.90 and its 200-day moving average price is GBX 2,340.71. The firm’s market cap is GBX 5.38 billion.
The business also recently declared a dividend, which was paid on Friday, July 21st. Stockholders of record on Thursday, June 15th were paid a dividend of GBX 48.90 ($0.63) per share. The ex-dividend date of this dividend was Thursday, June 15th. This represents a dividend yield of 2%. This is a positive change from Severn Trent Plc’s previous dividend of $32.60.
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Severn Trent Plc Company Profile
Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.
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