Severn Trent PLC (LON:SVT) Given Consensus Rating of “Hold” by Brokerages

Severn Trent PLC (LON:SVT) has earned an average recommendation of “Hold” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,858.80.

Several brokerages have recently weighed in on SVT. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,610 price target on shares of Severn Trent in a report on Wednesday, October 1st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 2,850 price target on shares of Severn Trent in a report on Monday, October 13th. Citigroup decreased their target price on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a research report on Monday. Finally, Barclays lifted their target price on Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an “equal weight” rating in a research report on Wednesday, August 20th.

Severn Trent Price Performance

Severn Trent stock traded down GBX 34 during midday trading on Monday, reaching GBX 2,747. 686,378 shares of the stock traded hands, compared to its average volume of 2,227,546. The stock’s fifty day moving average is GBX 2,626.36 and its 200-day moving average is GBX 2,664.87. Severn Trent has a 12 month low of GBX 2,323 and a 12 month high of GBX 2,847. The stock has a market cap of £8.27 billion, a P/E ratio of 35.96, a PEG ratio of 4.69 and a beta of 0.38. The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94.

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.