Severn Trent (LON:SVT) Hits New 1-Year High – What’s Next?

Severn Trent PLC (LON:SVT)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 2,917 and last traded at GBX 2,884, with a volume of 4709573 shares traded. The stock had previously closed at GBX 2,874.

Wall Street Analyst Weigh In

A number of analysts have weighed in on SVT shares. Citigroup decreased their target price on shares of Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 price target on shares of Severn Trent in a report on Monday, October 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating on the stock in a research note on Monday. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,610 target price on shares of Severn Trent in a research note on Wednesday, October 1st. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Severn Trent presently has a consensus rating of “Hold” and an average price target of GBX 2,928.80.

Severn Trent Trading Down 1.9%

The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14. The business has a 50 day moving average of GBX 2,782.71 and a two-hundred day moving average of GBX 2,695.24. The firm has a market capitalization of £8.44 billion, a price-to-earnings ratio of 26.75, a P/E/G ratio of 4.69 and a beta of 0.38.

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

Insider Activity at Severn Trent

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

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. The UK’s regulatory model provides a high degree of certainty over five-year periods.