Severn Trent (LON:SVT) Stock Passes Above 200-Day Moving Average – Should You Sell?

Severn Trent PLC (LON:SVT) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,980.31 and traded as high as GBX 3,058. Severn Trent shares last traded at GBX 3,004, with a volume of 49,904,691 shares trading hands.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. UBS Group restated a “sell” rating and issued a GBX 2,700 price objective on shares of Severn Trent in a research note on Monday, May 18th. JPMorgan Chase & Co. upped their price objective on shares of Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 3,300 price objective on shares of Severn Trent in a research note on Thursday, May 21st. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 3,220 price objective on shares of Severn Trent in a research note on Thursday, May 21st. One analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 3,075.57.

Severn Trent Price Performance

The firm has a market cap of £9.04 billion, a price-to-earnings ratio of 28.66, a P/E/G ratio of 4.69 and a beta of 0.56. The firm’s 50 day moving average price is GBX 3,107.31 and its two-hundred day moving average price is GBX 2,980.31. The company has a debt-to-equity ratio of 596.63, a current ratio of 1.39 and a quick ratio of 0.73.

Severn Trent (LON:SVT) last announced its earnings results on Wednesday, May 20th. The company reported GBX 179.80 earnings per share for the quarter. The business had revenue of GBX 283.10 billion during the quarter. Severn Trent had a net margin of 13.10% and a return on equity of 20.35%. As a group, sell-side analysts forecast that Severn Trent PLC will post 107.3706004 earnings per share for the current fiscal year.

Severn Trent Company Profile

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.