Severn Trent (OTCMKTS:STRNY) Shares Up 0.9% – Still a Buy?

Severn Trent PLC (OTCMKTS:STRNY) shares shot up 0.9% during trading on Monday . The stock traded as high as $40.31 and last traded at $39.89. 18,833 shares changed hands during trading, an increase of 17% from the average session volume of 16,128 shares. The stock had previously closed at $39.55.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Citigroup upgraded shares of Severn Trent from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 20th. Kepler Capital Markets lowered Severn Trent from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Severn Trent Trading Up 0.9%

The business’s 50-day simple moving average is $41.53 and its 200-day simple moving average is $38.55.

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.