Severn Trent Plc (SVT) Given Average Rating of “Hold” by Analysts
Severn Trent Plc (LON:SVT) has been assigned a consensus rating of “Hold” from the thirteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,358 ($31.28).
Several brokerages recently commented on SVT. Barclays PLC upped their target price on Severn Trent Plc from GBX 2,340 ($31.04) to GBX 2,550 ($33.82) and gave the company an “equal weight” rating in a report on Monday, June 12th. Deutsche Bank AG upped their price objective on shares of Severn Trent Plc from GBX 2,450 ($32.50) to GBX 2,500 ($33.16) and gave the company a “hold” rating in a research note on Thursday, June 8th. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 2,160 ($28.65) price objective on shares of Severn Trent Plc in a research note on Friday, July 21st. Macquarie increased their price objective on shares of Severn Trent Plc from GBX 2,570 ($34.09) to GBX 2,575 ($34.16) and gave the stock an “outperform” rating in a research report on Thursday, August 31st. Finally, Morgan Stanley decreased their price objective on shares of Severn Trent Plc from GBX 2,395 ($31.77) to GBX 2,355 ($31.24) and set an “equal weight” rating for the company in a research report on Tuesday, July 18th.
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In other news, insider Emma FitzGerald sold 7,282 shares of the firm’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of GBX 2,237 ($29.67), for a total value of £162,898.34 ($216,074.20).
Shares of Severn Trent Plc (LON SVT) opened at 2179.00 on Wednesday. The company’s market cap is GBX 5.13 billion. The company has a 50-day moving average price of GBX 2,228.67 and a 200-day moving average price of GBX 2,319.51. Severn Trent Plc has a 12-month low of GBX 2,047.00 and a 12-month high of GBX 2,575.00.
About Severn Trent Plc
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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