Severn Trent Plc (SVT) Trading 0% Higher
Severn Trent Plc (LON:SVT) shares rose 0% during mid-day trading on Wednesday . The company traded as high as GBX 2,072 ($27.25) and last traded at GBX 2,123 ($27.92). Approximately 1,369,386 shares traded hands during trading, an increase of 72% from the average daily volume of 794,078 shares. The stock had previously closed at GBX 2,123 ($27.92).
SVT has been the subject of a number of analyst reports. upgraded Severn Trent Plc to a “buy” rating and raised their price target for the company from GBX 2,160 ($28.41) to GBX 2,300 ($30.25) in a research note on Monday, November 6th. Deutsche Bank AG decreased their price target on Severn Trent Plc from GBX 2,500 ($32.88) to GBX 2,250 ($29.59) and set a “hold” rating for the company in a research note on Thursday, August 17th. Credit Suisse Group restated a “neutral” rating and issued a GBX 2,230 ($29.33) price target on shares of Severn Trent Plc in a research note on Thursday, November 2nd. Barclays PLC restated an “equal weight” rating on shares of Severn Trent Plc in a research note on Tuesday, November 14th. Finally, Macquarie raised their price target on Severn Trent Plc from GBX 2,570 ($33.80) to GBX 2,575 ($33.87) and gave the company an “outperform” rating in a research note on Thursday, August 31st. One analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 2,378.89 ($31.29).
Severn Trent Plc (LON:SVT) last issued its earnings results on Thursday, November 23rd. The company reported GBX 65.90 ($0.87) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX 66 ($0.87) by GBX (0.10) ($0.00). Severn Trent Plc had a return on equity of 33.50% and a net margin of 15.46%. The business had revenue of £850.40 million for the quarter.
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Severn Trent Plc Company Profile
Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.
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