Severn Trent (LON:SVT) Posts Quarterly Earnings Results

Severn Trent (LON:SVT) issued its earnings results on Wednesday. The company reported GBX 101 earnings per share for the quarter, Digital Look Earnings reports. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%.

Severn Trent Stock Down 0.6%

SVT stock opened at GBX 2,700 on Wednesday. Severn Trent has a fifty-two week low of GBX 2,323 and a fifty-two week high of GBX 2,847. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The stock has a market capitalization of £8.13 billion, a price-to-earnings ratio of 35.34, a PEG ratio of 4.69 and a beta of 0.38. The business’s fifty day moving average price is GBX 2,678.66 and its two-hundred day moving average price is GBX 2,668.01.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Citigroup reduced their price target on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a report on Monday, November 3rd. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,850 target price on shares of Severn Trent in a report on Monday, October 13th. Jefferies Financial Group restated a “hold” rating and issued a GBX 2,610 price target on shares of Severn Trent in a research note on Wednesday, October 1st. Finally, Barclays raised their price target on Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an “equal weight” rating in a report on Wednesday, August 20th. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 2,858.80.

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.