Severn Trent Plc (SVT) Given Consensus Recommendation of “Hold” by Brokerages
Shares of Severn Trent Plc (LON:SVT) have been given an average rating of “Hold” by the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 2,358 ($31.12).
SVT has been the subject of a number of recent analyst reports. Morgan Stanley lifted their price objective on shares of Severn Trent Plc from GBX 2,275 ($30.02) to GBX 2,395 ($31.60) and gave the company an “equal weight” rating in a report on Friday, July 7th. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 2,500 ($32.99) price objective on shares of Severn Trent Plc in a report on Wednesday, July 12th. HSBC Holdings plc raised shares of Severn Trent Plc to a “hold” rating and cut their price objective for the company from GBX 2,200 ($29.03) to GBX 2,160 ($28.50) in a report on Friday, July 7th. J P Morgan Chase & Co reaffirmed a “neutral” rating and issued a GBX 2,500 ($32.99) price objective on shares of Severn Trent Plc in a report on Thursday. Finally, Macquarie lifted their price objective on shares of Severn Trent Plc from GBX 2,570 ($33.91) to GBX 2,575 ($33.98) and gave the company an “outperform” rating in a report on Thursday, August 31st.
Severn Trent Plc (SVT) opened at 2098.00 on Friday. The company has a 50-day moving average of GBX 2,170.81 and a 200 day moving average of GBX 2,288.33. Severn Trent Plc has a one year low of GBX 2,047.00 and a one year high of GBX 2,575.00. The company’s market cap is GBX 4.94 billion.
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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