Charles Stanley Reiterates Its “Buy” Rating on Severn Trent (LON:SVT) Shares Today

Share

Severn Trent (LON:SVT) Rating Reaffirmed

In a recent research report distributed on Tuesday morning, Charles Stanley has restated their “Buy” rating on Severn Trent (LON:SVT) shares.

From a total of 14 analysts covering Severn Trent PLC (LON:SVT) stock, 4 rate it a ”Buy”, 3 a “Sell”, and 7 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 2300 while the lowest target price is GBX 1900. The mean of all analyst targets is GBX 2117.36 with a -6.99% below today’s (GBX 2270.68) stock price. Severn Trent PLC was the topic of 27 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on November 30 with “Underperform” rating. JP Morgan maintained shares with “Overweight” rating and GBX 2160 target share price in a report from a November 27. Investec upgraded SVT stock in a recent report from November 27 to “Hold” rating. Morgan Stanley maintained the rating on November 26. Morgan Stanley has a “Underwt/Cautious” rating and a GBX 2045 price target on shares. Finally, Beaufort Securities maintained the stock with “Hold” rating in a report issued on a November 27.

The stock increased 0.83% or GBX 18.68 on December 1, striking GBX 2270.68. Approximately 663,601 shares of stock traded hands or 54.07% up from the average. Severn Trent Plc (LON:SVT) has risen 8.06% since May 4, 2015 and is uptrending. It has outperformed by 9.69% the S&P500.

Charles Stanley Reiterates Its

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 5.35 billion GBP. The Firm operates through two divisions: Severn Trent Water and Severn Trent Services. It has 35.95 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)

COMMENTS: