Severn Trent (SVT) Stock Price Down 0%
Shares of Severn Trent Plc (LON:SVT) dropped 0% during trading on Tuesday . The company traded as low as GBX 2,053 ($27.84) and last traded at GBX 2,063 ($27.98). Approximately 1,483,773 shares changed hands during mid-day trading, an increase of 85% from the average daily volume of 801,234 shares. The stock had previously closed at GBX 2,063 ($27.98).
SVT has been the subject of a number of research analyst reports. Deutsche Bank reaffirmed a “hold” rating and issued a GBX 2,200 ($29.83) target price on shares of Severn Trent in a research report on Thursday, December 14th. raised Severn Trent to a “buy” rating and boosted their price objective for the stock from GBX 2,160 ($29.29) to GBX 2,300 ($31.19) in a report on Monday, November 6th. Credit Suisse Group reissued a “neutral” rating and set a GBX 2,230 ($30.24) price objective on shares of Severn Trent in a report on Thursday, November 2nd. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 2,500 ($33.90) price objective on shares of Severn Trent in a report on Thursday, October 26th. Finally, Barclays reissued an “equal weight” rating on shares of Severn Trent in a report on Tuesday, November 14th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 2,388.75 ($32.39).
The firm has a market capitalization of $4,840.00 and a price-to-earnings ratio of 1,664.23.
The firm also recently announced a dividend, which was paid on Friday, January 5th. Stockholders of record on Thursday, November 30th were issued a GBX 34.63 ($0.47) dividend. This represents a dividend yield of 1.64%. The ex-dividend date was Thursday, November 30th.
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About Severn Trent
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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