Severn Trent PLC (LON:SVT) Given Average Rating of “Reduce” by Brokerages

Severn Trent PLC (LON:SVT) has been given an average recommendation of “Reduce” by the six brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 7,447.50.

SVT has been the subject of a number of analyst reports. Citigroup lowered their target price on Severn Trent from £332.90 to £287.90 and set a “neutral” rating for the company in a report on Thursday, June 11th. Royal Bank Of Canada boosted their price target on Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a “sector perform” rating in a research report on Monday, June 1st. Jefferies Financial Group restated a “hold” rating and set a GBX 3,220 price objective on shares of Severn Trent in a research note on Monday, August 3rd. UBS Group reaffirmed a “sell” rating and set a GBX 2,700 price objective on shares of Severn Trent in a research report on Monday, May 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,300 target price on shares of Severn Trent in a research note on Thursday, May 21st.

Insider Activity

In other news, insider James Jesic sold 6,531 shares of the firm’s stock in a transaction dated Monday, July 27th. The shares were 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 on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total transaction of £339,223.20. Over the last three months, insiders have sold 20,551 shares of company stock valued at $61,672,638. Insiders own 0.33% of the company’s stock.

Severn Trent Price Performance

Shares of SVT opened at GBX 3,106 on Friday. The company has a debt-to-equity ratio of 596.63, a quick ratio of 0.73 and a current ratio of 1.39. The company has a 50 day moving average price of GBX 3,001.22 and a 200-day moving average price of GBX 3,062.55. Severn Trent has a fifty-two week low of GBX 2,381 and a fifty-two week high of GBX 3,335. The stock has a market capitalization of £9.37 billion, a PE ratio of 25.23, a PEG ratio of 4.69 and a beta of 0.55.

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

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.