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

Severn Trent PLC (LON:SVT)’s share price reached a new 52-week high during mid-day trading on Thursday. The company traded as high as GBX 3,380 and last traded at GBX 3,370, with a volume of 1,801,403 shares changing hands. The stock had previously closed at GBX 3,326.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a “hold” rating and issued a GBX 3,220 price objective on shares of Severn Trent in a report on Monday, August 3rd. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of GBX 7,447.50.

Severn Trent Price Performance

The stock’s fifty day moving average price is GBX 3,112.41 and its 200-day moving average price is GBX 3,066.18. The firm has a market cap of £10.19 billion, a price-to-earnings ratio of 27.39, a price-to-earnings-growth ratio of 4.69 and a beta of 0.54. 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.