Severn Trent (LON:SVT) Rating Reaffirmed
In an analyst research report released on Monday morning, The Market Perform rating of Severn Trent (LON:SVT) shares was reconfirmed at Bernstein, who now has a GBX 2150 target PPS on the stock. Bernstein’s target PPS gives a possible downside of -1.83% from the last stock close of the company.
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 2125.64 with a -3.39% below today’s (GBX 2186) stock price. Severn Trent PLC was the topic of 29 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Investec maintained shares on December 4 with “Hold” rating. JP Morgan maintained shares with “Overweight” rating and GBX 2160 target share price in a report from a November 27. Credit Suisse maintained SVT stock in a recent report from November 30 with “Underperform” 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 104,739 shares of stock traded hands. Severn Trent Plc (LON:SVT) has risen 1.81% since May 8, 2015 and is uptrending. It has outperformed by 2.89% the S&P500.
The overall sentiment of institutions has increased to 0.67 in Q2 2015. Its up 0.42, from 0.25 in 2015Q2. The ratio increased, as 1 institutions have sold all the shares of Severn Trent Plc that they owned while 2 funds have taken shares off the table. 1 funds have purchased shares for the first time while 1 added to their positions. These institutions now hold 319,887 shares or 7.35% less than the 345,256 shares they owned in 2015Q2.
The Fund Grt Capital Partners L.L.C. currently is holding shares equating to 0.08% of its total portfolio in Severn Trent Plc representing a total of 42,419 shares. Another fund,Bank Of America Corp De, is holding a total of 200 shares equating to 0% of their holdings. Additionally, California Public Employees Retirement System has a 16,553 share stake in Severn Trent Plc which represents 0% of their total portfolio. The Fund, Dimensional Fund Advisors Lp, based out of Texas, has also built up a stake in the stock, which represents a total of 0% of their total portfolio. Finally Fmr Llc, a fund which is based in the state of Massachusetts reported a total holdings of 163,256 shares.
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 34.61 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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