Severn Trent PLC (LON:SVT) Receives Average Recommendation of “Reduce” from Brokerages

Shares of Severn Trent PLC (LON:SVT) have been assigned a consensus rating of “Reduce” from the six research firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 7,447.50.

A number of analysts have commented on SVT shares. Citigroup decreased their target price on Severn Trent from £332.90 to £287.90 and set a “neutral” rating on the stock in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 3,300 price target on shares of Severn Trent in a research note on Thursday, May 21st. Royal Bank Of Canada boosted their price objective on shares of Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a “sector perform” rating in a research report on Monday, June 1st. Jefferies Financial Group reissued a “hold” rating and issued a GBX 3,220 price objective on shares of Severn Trent in a research note on Monday, August 3rd. Finally, UBS Group restated a “sell” rating and set a GBX 2,700 target price on shares of Severn Trent in a report on Monday, May 18th.

Insider Buying and Selling

In other news, insider Helen Miles sold 11,240 shares of the company’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £339,223.20. Also, insider James Jesic sold 6,531 shares of Severn Trent stock in a transaction dated Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £197,105.58. In the last ninety days, insiders sold 20,551 shares of company stock worth $61,672,638. 0.29% of the stock is owned by corporate insiders.

Severn Trent Stock Performance

SVT opened at GBX 2,950 on Thursday. Severn Trent has a 1-year low of GBX 2,381 and a 1-year high of GBX 3,335. The stock has a market cap of £8.91 billion, a P/E ratio of 23.96, a P/E/G ratio of 4.69 and a beta of 0.55. The stock’s 50 day simple moving average is GBX 3,041.85 and its 200 day simple moving average is GBX 3,060.34. The company has a debt-to-equity ratio of 596.63, a current ratio of 1.39 and a quick ratio of 0.73.

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.