Severn Trent Plc (SVT) Given Consensus Recommendation of “Hold” by Brokerages

Severn Trent Plc (LON:SVT) has been assigned an average rating of “Hold” from the nine research firms that are currently covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 2,365.71 ($32.08).

SVT has been the subject of several research reports. Deutsche Bank reaffirmed a “hold” rating and set a GBX 2,200 ($29.83) price target on shares of Severn Trent in a research note on Thursday, December 14th. JPMorgan Chase & Co. cut their price target on Severn Trent from GBX 2,500 ($33.90) to GBX 2,250 ($30.51) and set a “neutral” rating for the company in a research note on Thursday, December 7th. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 2,230 ($30.24) price target on shares of Severn Trent in a research note on Thursday, November 2nd. Barclays reaffirmed an “equal weight” rating on shares of Severn Trent in a research note on Tuesday, November 14th. Finally, raised Severn Trent to a “buy” rating and lifted their price target for the stock from GBX 2,160 ($29.29) to GBX 2,300 ($31.19) in a research note on Monday, November 6th.

Shares of Severn Trent (LON SVT) opened at GBX 2,036 ($27.61) on Friday. Severn Trent has a fifty-two week low of GBX 2,033 ($27.57) and a fifty-two week high of GBX 2,575 ($34.92). The company has a market capitalization of $4,810.00 and a price-to-earnings ratio of 1,655.28.

Severn Trent (LON:SVT) last released its quarterly earnings results on Thursday, November 23rd. The company reported GBX 65.90 ($0.89) earnings per share (EPS) for the quarter, missing the consensus estimate of GBX 66 ($0.90) by GBX (0.10) ($0.00). The firm had revenue of £850.40 million for the quarter. Severn Trent had a return on equity of 31.14% and a net margin of 17.34%.

The business also recently disclosed a dividend, which was paid on Friday, January 5th. Investors of record on Thursday, November 30th were given a dividend of GBX 34.63 ($0.47) per share. This represents a yield of 1.64%. The ex-dividend date of this dividend was Thursday, November 30th.

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Severn Trent Company Profile

Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.

Analyst Recommendations for Severn Trent (LON:SVT)

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