0.30% to Target, JP Morgan Cazenove Reaffirms ‘Overweight’ Rating on Severn Trent PLC (LON:SVT) Shares Today

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Severn Trent PLC (LON:SVT) Rating Reaffirmed

In analysts note shared with investors and clients this morning, JP Morgan Cazenove has restated their Overweight rating on Severn Trent PLC (LON:SVT) shares. The TP would suggest a possible upside of 0.30% from firm’s stock close price.

From a total of 9 analysts covering Severn Trent PLC (LON:SVT) stock, 2 rate it a ”Buy”, 3 a “Sell”, and 4 a ”Hold”. This means that 22% of the ratings are positive. The highest target price is GBX 2350 while the lowest target price is GBX 1900. The mean of all analyst targets is GBX 2113.33 with a -3.94% below today’s (GBX 2200) stock price. Severn Trent PLC was the topic of 22 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on November 27 with “Overweight” rating. Goldman Sachs maintained shares with “Neutral” rating and GBX 2185 target share price in a report from a November 5. Deutsche Bank maintained SVT stock in a recent report from November 20 with “Buy” rating. HSBC maintained the rating on October 19. HSBC has a “Hold” rating and a GBX 2170 price target on shares. Finally, BNP Paribas downgraded the stock to “Underperform” rating in a report issued on a November 9.

Approximately 8,551 shares of stock traded hands. Severn Trent Plc (LON:SVT) has risen 3.62% since April 30, 2015 and is uptrending. It has outperformed by 4.98% the S&P500.

0.30% to Target, JP Morgan Cazenove Reaffirms ‘Overweight’ Rating on Severn Trent PLC (LON:SVT) Shares Today

Severn Trent Plc is a United Kingdom company, which treats and provides water and removes waste water in the United Kingdom and internationally. The company has a market cap of 5.19 billion GBP. The Firm operates through two divisions: Severn Trent Water and Severn Trent Services. It has 34.83 P/E ratio. Severn Trent Water provides high quality water and sewerage services to over 3.3 million households and businesses in the Midlands and mid-Wales.

According to Zacks Investment Research, “Servotronics, Inc. and its subsidiaries design, manufacture and market advanced technology products consisting primarily of control components and consumer products consisting of knives and various types of cutlery.” Get a free copy of the Zacks research report on Severn Trent Plc (SVT)

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