Severn Trent (SVT) PT Lowered to GBX 2,000 at HSBC

Severn Trent (LON:SVT) had its price target reduced by HSBC from GBX 2,100 ($27.44) to GBX 2,000 ($26.13) in a research note released on Friday morning. HSBC currently has a hold rating on the stock.

Several other equities analysts have also issued reports on SVT. JPMorgan Chase & Co. decreased their price target on Severn Trent from GBX 2,250 ($29.40) to GBX 2,200 ($28.75) and set an overweight rating on the stock in a research note on Tuesday, December 11th. Morgan Stanley reduced their price objective on Severn Trent from GBX 2,130 ($27.83) to GBX 2,125 ($27.77) and set an equal weight rating on the stock in a research report on Friday, January 11th. UBS Group restated a neutral rating on shares of Severn Trent in a research report on Friday, November 23rd. Deutsche Bank restated a hold rating on shares of Severn Trent in a research report on Tuesday, November 13th. Finally, Royal Bank of Canada lowered Severn Trent to an outperform rating and reduced their price objective for the stock from GBX 2,650 ($34.63) to GBX 2,250 ($29.40) in a research report on Monday, November 26th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of GBX 2,086.29 ($27.26).

Shares of SVT opened at GBX 1,955 ($25.55) on Friday. Severn Trent has a 52-week low of GBX 1,664 ($21.74) and a 52-week high of GBX 2,575 ($33.65).

The company also recently disclosed a dividend, which was paid on Friday, January 4th. Investors of record on Thursday, November 29th were given a dividend of GBX 37.35 ($0.49) per share. The ex-dividend date was Thursday, November 29th. This represents a yield of 1.97%.

About Severn Trent

Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.

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Analyst Recommendations for Severn Trent (LON:SVT)

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