Severn Trent PLC (STRNY) – What Are Brokerages Thinking About This Stock?

Shares of Severn Trent PLC (OTCMKTS:STRNY) have been given a consensus recommendation of “Hold” by the six analysts that are covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation.

Several research firms recently commented on STRNY. Jefferies Financial Group downgraded Severn Trent from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. BNP Paribas Exane assumed coverage on shares of Severn Trent in a research note on Monday, June 29th. They set a “neutral” rating on the stock.

Severn Trent Price Performance

Shares of OTCMKTS:STRNY opened at $41.38 on Wednesday. The business’s 50 day moving average price is $41.76 and its 200-day moving average price is $41.45. Severn Trent has a 1 year low of $35.72 and a 1 year high of $45.46.

About Severn Trent

Severn Trent plc is a United Kingdom-based water and wastewater services company. Through its regulated operations, the company collects, treats and supplies clean water to households and businesses, while also collecting and treating wastewater before returning it safely to the environment.

Severn Trent primarily serves communities across the Midlands of England through Severn Trent Water. The group also provides water and wastewater services in parts of Wales through Hafren Dyfrdwy. Its activities include operating reservoirs, treatment works, pumping stations and sewer networks, as well as maintaining infrastructure and supporting environmental protection.

The company traces its origins to the formation of the Severn Trent Water Authority in 1974 and became a publicly listed water company following the privatization of the water industry in 1989.