Shares of Severn Trent Plc (LON:SVT – Get Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,674.69 ($32.60) and traded as high as GBX 2,861 ($34.87). Severn Trent shares last traded at GBX 2,850 ($34.73), with a volume of 650,697 shares trading hands.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. Barclays reaffirmed an “equal weight” rating and issued a GBX 3,280 ($39.98) price objective on shares of Severn Trent in a research report on Thursday, February 9th. Royal Bank of Canada cut Severn Trent to a “sector perform” rating and increased their price target for the company from GBX 2,900 ($35.34) to GBX 3,000 ($36.56) in a report on Monday, February 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of GBX 2,986 ($36.39).
Severn Trent Price Performance
The firm has a fifty day moving average price of GBX 2,793.97 and a two-hundred day moving average price of GBX 2,674.69. The stock has a market capitalization of £7.17 billion, a P/E ratio of 4,130.43, a PEG ratio of 4.41 and a beta of 0.46. The company has a debt-to-equity ratio of 589.86, a quick ratio of 0.73 and a current ratio of 0.77.
About Severn Trent
Severn Trent Plc operates as a water and sewerage company in England and Wales. It operates in two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses in the Midlands and Wales.
See Also
- Don’t Miss Out: $2 Trillion Could be Headed to the Banking Sector
- A Weakening Economy Suggests Caution Before Buying Five Below
- Williams-Sonoma: Time To Buy At Rock-Bottom Prices
- Why DraftKings Could Keep Outperforming in 2023
- Charles Schwab And The Safest 30% You Can Make This Year
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.