Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Severn Trent (LON:SVT) Stock Price

Severn Trent (LON:SVT) had its price target cut by analysts at Deutsche Bank Aktiengesellschaft from GBX 3,000 to GBX 2,950 in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 3.62% from the company’s current price.

SVT has been the subject of several other research reports. Jefferies Financial Group restated a “hold” rating and set a GBX 2,610 price target on shares of Severn Trent in a research report on Wednesday, October 1st. Citigroup dropped their price objective on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,850 target price on shares of Severn Trent in a research note on Monday, October 13th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Severn Trent has an average rating of “Hold” and an average price target of GBX 2,928.80.

Severn Trent Price Performance

Shares of LON SVT opened at GBX 2,847 on Monday. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. Severn Trent has a 1-year low of GBX 2,348 and a 1-year high of GBX 2,917. The company has a market capitalization of £8.57 billion, a price-to-earnings ratio of 27.17, a PEG ratio of 4.69 and a beta of 0.38. The business has a 50-day moving average of GBX 2,780.97 and a 200-day moving average of GBX 2,694.11.

Severn Trent (LON:SVT) last issued its quarterly earnings data 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%. On average, equities analysts anticipate that Severn Trent will post 107.3706004 EPS for the current fiscal year.

Insider Activity at Severn Trent

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

Severn Trent Company Profile

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.