Severn Trent (LON:SVT) Sets New 1-Year High – Here’s Why

Severn Trent PLC (LON:SVT)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 3,229.32 and last traded at GBX 3,212, with a volume of 380935 shares trading hands. The stock had previously closed at GBX 3,202.

Analyst Ratings Changes

A number of equities research analysts have recently commented on SVT shares. Citigroup lowered 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 report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating for the company in a research note on Monday, January 19th. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 2,928.80.

Severn Trent Stock Performance

The company’s fifty day moving average price is GBX 2,857.74 and its two-hundred day moving average price is GBX 2,736.27. The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14. The firm has a market capitalization of £9.67 billion, a PE ratio of 30.65, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38.

Severn Trent (LON:SVT) last issued 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 analysts expect that Severn Trent PLC will post 107.3706004 earnings per share for the current year.

Insider Activity at Severn Trent

In related news, insider Helen Miles sold 22,000 shares of Severn Trent stock in a transaction on Thursday, December 18th. The stock was sold at an average price of GBX 2,758, for a total value of £606,760. 0.32% of the stock is currently owned by insiders.

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.