Severn Trent Plc (LON:SVT) has been given a consensus rating of “Hold” by the eight brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 2,096 ($27.39).
A number of equities analysts have weighed in on SVT shares. Royal Bank of Canada reaffirmed a “top pick” rating and issued a GBX 2,650 ($34.63) target price on shares of Severn Trent in a research note on Monday, September 3rd. HSBC boosted their target price on shares of Severn Trent from GBX 2,080 ($27.18) to GBX 2,100 ($27.44) and gave the stock a “hold” rating in a research note on Tuesday, August 28th. UBS Group lowered their price target on shares of Severn Trent from GBX 2,044 ($26.71) to GBX 2,029 ($26.51) and set a “neutral” rating for the company in a research report on Monday, September 17th. Goldman Sachs Group lifted their price target on shares of Severn Trent from GBX 1,764 ($23.05) to GBX 1,780 ($23.26) and gave the stock a “sell” rating in a research report on Monday, September 17th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a GBX 2,130 ($27.83) price target on shares of Severn Trent in a research report on Monday, September 10th.
Shares of LON SVT opened at GBX 1,830 ($23.91) on Monday. Severn Trent has a 1-year low of GBX 1,664 ($21.74) and a 1-year high of GBX 2,575 ($33.65).
The firm also recently declared a dividend, which will be paid on Friday, January 4th. Stockholders of record on Thursday, November 29th will be given a dividend of GBX 37.35 ($0.49) per share. This represents a dividend yield of 1.97%. The ex-dividend date is Thursday, November 29th.
About Severn Trent
Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.
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