Severn Trent (LON:SVT) Price Target Raised to GBX 3,385

Severn Trent (LON:SVT) had its price objective upped by Barclays from GBX 2,960 to GBX 3,385 in a research report report published on Wednesday morning, Marketbeat Ratings reports. Barclays currently has an equal weight rating on the stock.

Severn Trent Stock Down 0.8%

Shares of LON SVT opened at GBX 2,620 on Wednesday. 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 company has a market capitalization of £7.82 billion, a P/E ratio of 43.73, a P/E/G ratio of 4.69 and a beta of 0.38. Severn Trent has a 1 year low of GBX 2,323 and a 1 year high of GBX 2,807. The company has a 50 day simple moving average of GBX 2,667.17 and a 200-day simple moving average of GBX 2,614.46.

Severn Trent (LON:SVT) last posted its quarterly earnings data on Wednesday, May 21st. The company reported GBX 112.10 EPS for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. On average, equities research analysts predict that Severn Trent will post 107.3706004 earnings per share for the current year.

Insider Buying and Selling at Severn Trent

In other news, insider Olivia (Liv) Garfield sold 28,287 shares of the business’s stock in a transaction dated Friday, July 25th. The shares were sold at an average price of GBX 2,673, for a total transaction of £756,111.51. Also, insider Helen Miles sold 8,067 shares of the business’s stock in a transaction dated Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total transaction of £215,630.91. Over the last quarter, insiders acquired 3,600 shares of company stock valued at $9,500,700 and sold 46,389 shares valued at $124,218,567. 0.25% 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.