Credit Suisse reaffirmed their neutral rating on shares of Severn Trent (LON:SVT) in a report issued on Thursday, Analyst Ratings News reports. They currently have a GBX 1,580 ($25.87) target price on the stock.
Credit Suisse has also updated their ratings on a number of other stocks in the last week. The firm reiterated its neutral rating on shares of Barclays. Also, Credit Suisse lowered its price target on shares of Oneok Partners LP from $57.00 to $54.00. Finally, Credit Suisse lowered its price target on shares of Kinder Morgan Energy Partners LP from $97.00 to $90.00.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a hold rating on shares of Severn Trent in a research note to investors on Tuesday. They now have a GBX 1,550 ($25.38) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. cut their price target on shares of Severn Trent from GBX 2,113 ($34.59) to GBX 2,110 ($34.54) in a research note to investors on Wednesday, November 27th. They now have a buy rating on the stock. Finally, analysts at RBC Capital reiterated an underperform rating on shares of Severn Trent in a research note to investors on Tuesday, November 26th. They now have a GBX 1,580 ($25.87) price target on the stock. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average price target of GBX 1,744.58 ($28.56).
Severn Trent (LON:SVT) traded up 0.18% on Thursday, hitting GBX 1665.00. The stock had a trading volume of 476,431 shares. Severn Trent has a 1-year low of GBX 1535.00 and a 1-year high of GBX 2200.00. The stock has a 50-day moving average of GBX 1815. and a 200-day moving average of GBX 1794.. The company’s market cap is £3.969 billion.
The company also recently announced a dividend, which is scheduled for Friday, January 10th. Stockholders of record on Wednesday, December 4th will be paid a dividend of $32.16 per share. This represents a dividend yield of 1.83%. The ex-dividend date is Wednesday, December 4th.
Severn Trent Plc provides and treats water, and removes waste water in the United Kingdom and internationally.
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