Severn Trent (LON:SVT) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Severn Trent PLC (LON:SVT) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,835.36 and traded as high as GBX 2,993. Severn Trent shares last traded at GBX 2,987, with a volume of 30,190,590 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating for the company in a research report on Monday, January 19th. Five equities research analysts have rated the stock with a Hold rating, According to MarketBeat, Severn Trent presently has an average rating of “Hold” and a consensus price target of GBX 2,928.80.

Severn Trent Stock Performance

The company has a current ratio of 1.43, a quick ratio of 0.73 and a debt-to-equity ratio of 601.64. The stock has a market capitalization of £8.99 billion, a PE ratio of 28.50, a PEG ratio of 4.69 and a beta of 0.56. The firm’s 50-day simple moving average is GBX 3,049.28 and its two-hundred day simple moving average is GBX 2,835.36.

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.