Severn Trent’s (SVT) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Severn Trent (LON:SVT)‘s stock had its “hold” rating reaffirmed by equities researchers at Deutsche Bank Aktiengesellschaft in a research report issued on Thursday,London Stock Exchange reports. They currently have a GBX 3,300 price target on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 6.23% from the stock’s current price.

Other equities research analysts also recently issued research reports about the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 3,220 price target on shares of Severn Trent in a research report on Thursday. JPMorgan Chase & Co. lifted their price objective on Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research note on Monday, April 13th. Finally, UBS Group reiterated a “sell” rating and set a GBX 2,700 target price on shares of Severn Trent in a report on Monday. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 3,075.57.

Severn Trent Trading Up 0.9%

Shares of SVT traded up GBX 26.40 during mid-day trading on Thursday, reaching GBX 3,106.40. The company had a trading volume of 2,234,371 shares, compared to its average volume of 13,521,145. Severn Trent has a fifty-two week low of GBX 2,381 and a fifty-two week high of GBX 3,335. The firm has a fifty day simple moving average of GBX 3,112.01 and a 200-day simple moving average of GBX 2,967.37. The stock has a market cap of £9.35 billion, a price-to-earnings ratio of 29.64, a price-to-earnings-growth ratio of 4.69 and a beta of 0.56. The company has a current ratio of 1.43, a quick ratio of 0.73 and a debt-to-equity ratio of 601.64.

Severn Trent (LON:SVT) last released its quarterly earnings data on Wednesday, May 20th. The company reported GBX 179.80 EPS for the quarter. The business had revenue of GBX 283.10 billion during the quarter. Severn Trent had a return on equity of 17.64% and a net margin of 11.92%. On average, sell-side analysts anticipate that Severn Trent will post 107.3706004 EPS for the current fiscal year.

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.