Severn Trent Plc (SVT) Receives GBX 2,172.71 Average Target Price from Analysts
Severn Trent Plc (LON:SVT) has been given an average recommendation of “Hold” by the ten ratings firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,172.71 ($28.30).
Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Severn Trent in a research note on Thursday, July 12th. Royal Bank of Canada raised shares of Severn Trent to a “top pick” rating in a research note on Monday, July 9th. UBS Group lowered their target price on shares of Severn Trent from GBX 2,044 ($26.62) to GBX 2,029 ($26.43) and set a “neutral” rating on the stock in a research note on Monday, September 17th. Morgan Stanley reaffirmed an “equal weight” rating and set a GBX 2,130 ($27.75) target price on shares of Severn Trent in a research note on Monday, September 10th. Finally, Goldman Sachs Group lifted their target price on shares of Severn Trent from GBX 1,764 ($22.98) to GBX 1,780 ($23.19) and gave the stock a “sell” rating in a research note on Monday, September 17th.
SVT traded down GBX 47.50 ($0.62) on Wednesday, hitting GBX 1,831 ($23.85). 645,963 shares of the company’s stock were exchanged, compared to its average volume of 1,100,000. Severn Trent has a fifty-two week low of GBX 1,664 ($21.68) and a fifty-two week high of GBX 2,575 ($33.54).
Severn Trent Company Profile
Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.
Read More: Marijuana Stocks Investing Considerations
Receive News & Ratings for Severn Trent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent and related companies with MarketBeat.com's FREE daily email newsletter.