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

Kepler Capital Markets cut shares of Severn Trent (OTCMKTS:STRNY) from a strong-buy rating to a hold rating in a report published on Wednesday,Zacks.com reports.

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

Severn Trent Stock Performance

OTCMKTS:STRNY traded up $0.70 during trading hours on Wednesday, hitting $44.80. The company had a trading volume of 8,232 shares, compared to its average volume of 16,501. Severn Trent has a 52 week low of $30.36 and a 52 week high of $44.83. The stock has a 50-day moving average price of $40.27 and a 200 day moving average price of $37.74.

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.