Severn Trent (LON:SVT) Earns Hold Rating from Jefferies Financial Group

Severn Trent (LON:SVT)‘s stock had its “hold” rating restated by investment analysts at Jefferies Financial Group in a research note issued to investors on Monday,London Stock Exchange reports. They presently have a GBX 3,220 price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 5.93% from the company’s previous close.

SVT has been the subject of several other research reports. JPMorgan Chase & Co. boosted their price objective on Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research report on Monday, April 13th. Citigroup decreased their target price on shares of Severn Trent from £332.90 to £287.90 and set a “neutral” rating on the stock in a research note on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 3,300 price target on shares of Severn Trent in a report on Thursday, May 21st. UBS Group reissued a “sell” rating and set a GBX 2,700 price target on shares of Severn Trent in a research report on Monday, May 18th. Finally, Royal Bank Of Canada raised their price target on shares of Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a “sector perform” rating in a report on Monday, June 1st. Six research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Reduce” and an average target price of GBX 6,867.14.

Severn Trent Trading Up 0.7%

LON SVT opened at GBX 3,039.77 on Monday. Severn Trent has a 1-year low of GBX 2,381 and a 1-year high of GBX 3,335. The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 596.63. The stock has a 50-day moving average of GBX 2,970.44 and a 200-day moving average of GBX 3,039.35. The firm has a market cap of £9.17 billion, a PE ratio of 24.69, a price-to-earnings-growth ratio of 4.69 and a beta of 0.55.

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

Insider Buying and Selling

In other Severn Trent news, insider James Jesic sold 6,531 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £197,105.58. Also, insider Helen Miles sold 11,240 shares of Severn Trent stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £339,223.20. Insiders have sold a total of 20,551 shares of company stock valued at $61,672,638 in the last ninety days. 0.32% of the stock is currently owned by corporate insiders.

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.