Severn Trent (LON:SVT) Rating Reaffirmed
JP Morgan Cazenove now has a GBX 2160.00 target PPS on shares of Severn Trent (LON:SVT). The target PPS indicates a potential downside of -2.22% from the current price of Severn Trent (LON:SVT). This rating was unveiled in a note on 27 November.
From a total of 11 analysts covering Severn Trent PLC (LON:SVT) stock, 2 rate it a ”Buy”, 3 a “Sell”, and 6 a ”Hold”. This means that 18% 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 2112 with a -6.05% below today’s (GBX 2248) stock price. Severn Trent PLC was the topic of 25 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Investec upgraded shares on November 27 to “Hold” rating. Societe Generale maintained shares with “Hold” rating and GBX 2120 target share price in a report from a November 9. Beaufort Securities maintained SVT stock in a recent report from November 27 with “Hold” rating. Goldman Sachs maintained the rating on November 5. Goldman Sachs has a “Neutral” rating and a GBX 2185 price target on shares. Finally, Morgan Stanley maintained the stock with “Underwt/Cautious” rating in a report issued on a November 26.
The stock increased 2.09% or GBX 46 on November 27, striking GBX 2248. Approximately 492,156 shares of stock traded hands or 15.22% up from the average. Severn Trent Plc (LON:SVT) has risen 7.87% since May 1, 2015 and is uptrending. It has outperformed by 8.76% the S&P500.
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 5.31 billion GBP. The Firm operates through two divisions: Severn Trent Water and Severn Trent Services. It has 35.59 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)