Severn Trent (LON:SVT) Insider Sells 1,350 Shares

Severn Trent PLC (LON:SVT) insider James Jesic sold 1,350 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of GBX 2,892, for a total transaction of £39,042.

Severn Trent Stock Up 0.8%

SVT traded up GBX 22 during trading on Tuesday, hitting GBX 2,896. The stock had a trading volume of 82,779,336 shares, compared to its average volume of 14,132,300. The stock has a 50 day simple moving average of GBX 3,081.74 and a two-hundred day simple moving average of GBX 2,994.44. The company has a debt-to-equity ratio of 596.63, a quick ratio of 0.73 and a current ratio of 1.39. Severn Trent PLC has a twelve month low of GBX 2,381 and a twelve month high of GBX 3,335. The company has a market capitalization of £8.74 billion, a PE ratio of 23.53, a PEG ratio of 4.69 and a beta of 0.54.

Severn Trent (LON:SVT) last issued its quarterly earnings results on Wednesday, May 20th. The company reported GBX 179.80 earnings per share (EPS) for the quarter. Severn Trent had a return on equity of 20.35% and a net margin of 13.10%.The business had revenue of GBX 283.10 billion for the quarter. On average, research analysts predict that Severn Trent PLC will post 107.3706004 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SVT shares. JPMorgan Chase & Co. increased their price target on 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. Citigroup cut their price objective on shares of Severn Trent from £332.90 to £287.90 and set a “neutral” rating on the stock in a report on Thursday, June 11th. UBS Group reiterated a “sell” rating and issued a GBX 2,700 target price on shares of Severn Trent in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 3,300 price target on shares of Severn Trent in a research note on Thursday, May 21st. Finally, Royal Bank Of Canada lifted 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 note on Monday, June 1st. One equities research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of GBX 6,867.14.

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.