Severn Trent (LON:SVT) Hits New 12-Month High – Should You Buy?

Severn Trent PLC (LON:SVT) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 2,847 ($37.97) and last traded at GBX 2,818 ($37.58), with a volume of 83035445 shares. The stock had previously closed at GBX 2,833 ($37.78).

Analyst Ratings Changes

Several research firms recently commented on SVT. Jefferies Financial Group restated a “hold” rating and issued a GBX 2,610 target price on shares of Severn Trent in a research report on Wednesday, October 1st. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 price target on shares of Severn Trent in a research report on Monday, October 13th. Finally, Barclays boosted their price target on Severn Trent from GBX 2,960 to GBX 3,385 and gave the stock an “equal weight” rating in a research report on Wednesday, August 20th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Severn Trent presently has a consensus rating of “Hold” and a consensus target price of GBX 2,861.25.

Severn Trent Stock Performance

The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The firm has a market cap of £8.48 billion, a price-to-earnings ratio of 36.87, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The company has a fifty day moving average price of GBX 2,611.42 and a two-hundred day moving average price of GBX 2,660.21.

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.