Severn Trent (LON:SVT) Rating Reaffirmed
Severn Trent (LON:SVT) just had their share rating of a ‘”Hold”‘ issued by research analysts at Investec, who now has a GBX 2100 price target on the 5.16 billion GBP market cap company or a -4.42% downside potential. This key information was announced in analysts note on Friday morning.
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 -3.34% below today’s (GBX 2185) stock price. Severn Trent PLC was the topic of 28 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Charles Stanley maintained shares on December 1 with “Buy” rating. JP Morgan maintained shares with “Overweight” rating and GBX 2160 target share price in a report from a November 27. Deutsche Bank maintained SVT stock in a recent report from November 30 with “Buy” 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, BNP Paribas maintained the stock with “Underperform” rating in a report issued on a November 27.
Approximately 130,455 shares of stock traded hands. Severn Trent Plc (LON:SVT) has risen 6.34% since May 7, 2015 and is uptrending. It has outperformed by 9.12% 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 5.16 billion GBP. The Firm operates through two divisions: Severn Trent Water and Severn Trent Services. It has 34.59 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.
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