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

Severn Trent PLC (LON:SVT) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 3,056 and last traded at GBX 3,054, with a volume of 1260167 shares. The stock had previously closed at GBX 3,012.

Analysts Set New Price Targets

Several research analysts have recently weighed in on SVT shares. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating on the stock in a report on Monday, January 19th. Citigroup decreased their target price on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. One investment analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of GBX 2,928.80.

Severn Trent Trading Up 1.7%

The stock has a 50 day moving average of GBX 2,827.34 and a 200 day moving average of GBX 2,721.37. 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 £9.22 billion, a P/E ratio of 29.23, a PEG ratio of 4.69 and a beta of 0.38.

Severn Trent (LON:SVT) last posted its quarterly earnings data on Wednesday, November 19th. The company reported GBX 101 earnings per share (EPS) for the quarter. Severn Trent had a return on equity of 10.40% and a net margin of 6.00%. As a group, equities research analysts predict that Severn Trent PLC will post 107.3706004 EPS for the current year.

Insider Buying and Selling

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

Severn Trent Company Profile

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.