Severn Trent PLC (LON:SVT) Given Average Rating of “Hold” by Brokerages

Severn Trent PLC (LON:SVT) has received an average rating of “Hold” from the six brokerages that are currently covering the firm, Marketbeat reports. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 2,858.80.

A number of equities research analysts recently weighed in on the stock. Citigroup reduced their price target on shares of Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,610 target price on shares of Severn Trent in a report on Wednesday, October 1st. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,850 price target on shares of Severn Trent in a research note on Monday, October 13th.

Insider Activity

In other news, insider Helen Miles sold 22,000 shares of Severn Trent stock in a transaction on Thursday, December 18th. The shares were sold at an average price of GBX 2,758, for a total value of £606,760. Company insiders own 0.32% of the company’s stock.

Severn Trent Price Performance

Shares of LON SVT opened at GBX 2,743 on Tuesday. The stock’s 50-day simple moving average is GBX 2,769.55 and its 200-day simple moving average is GBX 2,679.61. The firm has a market capitalization of £8.26 billion, a PE ratio of 26.17, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. Severn Trent has a fifty-two week low of GBX 2,323 and a fifty-two week high of GBX 2,858. The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14.

Severn Trent (LON:SVT) last announced its quarterly earnings results on Wednesday, November 19th. The company reported GBX 101 EPS for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. As a group, equities research analysts forecast that Severn Trent will post 107.3706004 EPS for the current fiscal year.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.