Kepler Capital Markets Downgrades Severn Trent (OTCMKTS:STRNY) to Hold

Severn Trent (OTCMKTS:STRNY) was downgraded by equities research analysts at Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Citigroup raised shares of Severn Trent from a “neutral” rating to a “buy” rating in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Severn Trent presently has an average rating of “Moderate Buy”.

Severn Trent Stock Performance

OTCMKTS:STRNY traded up $0.70 during mid-day trading on Wednesday, reaching $44.80. The stock had a trading volume of 8,232 shares, compared to its average volume of 16,501. The firm has a 50 day moving average price of $40.27 and a two-hundred day moving average price of $37.74. Severn Trent has a one year low of $30.36 and a one year high of $44.83.

Severn Trent Company Profile

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.