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

Shares of Severn Trent PLC (LON:SVT) have received an average rating of “Hold” from the six brokerages that are covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokers that have covered the stock in the last year is GBX 2,928.80.

SVT has been the topic of a number of research analyst reports. Citigroup reduced their target price on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating on the stock in a report on Monday, November 3rd. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,610 price objective on shares of Severn Trent in a research note on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft lowered their target price on Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating for the company in a research note on Monday. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 2,850 price target on shares of Severn Trent in a report on Monday, October 13th.

Severn Trent Price Performance

SVT stock opened at GBX 2,856 on Friday. The company’s 50-day moving average price is GBX 2,782.71 and its two-hundred day moving average price is GBX 2,695.24. The firm has a market cap of £8.60 billion, a P/E ratio of 27.25, a P/E/G 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. Severn Trent has a 12 month low of GBX 2,348 and a 12 month high of GBX 2,917.

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%. On average, analysts anticipate that Severn Trent will post 107.3706004 earnings per share for the current fiscal year.

Insider Buying and Selling at Severn Trent

In other news, insider Helen Miles sold 22,000 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of GBX 2,758, for a total transaction of £606,760. Insiders own 0.32% of the company’s stock.

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.