Severn Trent (LON:SVT) Given Equal weight Rating at Barclays

Severn Trent (LON:SVT)‘s stock had its “equal weight” rating reissued by research analysts at Barclays in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.

Several other brokerages also recently issued reports on SVT. Morgan Stanley reissued an “equal weight” rating on shares of Severn Trent in a report on Monday, July 15th. Royal Bank of Canada reissued an “outperform” rating and set a GBX 2,300 ($30.05) price target on shares of Severn Trent in a report on Tuesday, October 8th. JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 2,000 ($26.13) price target on shares of Severn Trent in a report on Thursday, September 5th. Jefferies Financial Group downgraded shares of Severn Trent to a “hold” rating and cut their price target for the company from GBX 2,340 ($30.58) to GBX 1,920 ($25.09) in a report on Thursday, September 19th. Finally, Deutsche Bank lifted their price target on shares of Severn Trent from GBX 1,950 ($25.48) to GBX 2,050 ($26.79) and gave the company a “hold” rating in a report on Tuesday, July 23rd. Two research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 2,109.50 ($27.56).

Shares of SVT stock opened at GBX 2,250 ($29.40) on Wednesday. Severn Trent has a 12-month low of GBX 1,758 ($22.97) and a 12-month high of GBX 2,177 ($28.45). The company has a market capitalization of $5.35 billion and a P/E ratio of 16.89. The firm has a 50-day moving average price of GBX 2,101.34 and a 200 day moving average price of GBX 2,032.17. The company has a quick ratio of 0.73, a current ratio of 0.78 and a debt-to-equity ratio of 530.38.

Severn Trent Company Profile

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.

Featured Story: What is quantitative easing?

Analyst Recommendations for Severn Trent (LON:SVT)

Receive News & Ratings for Severn Trent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit