Severn Trent (OTCMKTS:STRNY) PT Raised to GBX 3,400

Severn Trent (OTCMKTS:STRNYGet Rating) had its target price upped by equities researchers at Barclays from GBX 3,280 ($39.98) to GBX 3,400 ($41.44) in a research report issued on Thursday, The Fly reports.

Other research analysts have also recently issued research reports about the company. Royal Bank of Canada cut Severn Trent from an “outperform” rating to a “sector perform” rating in a research report on Monday, February 13th. JPMorgan Chase & Co. boosted their price target on Severn Trent from GBX 2,700 ($32.91) to GBX 2,750 ($33.52) in a report on Tuesday, December 6th. Finally, Societe Generale upgraded Severn Trent from a “hold” rating to a “buy” rating in a report on Monday, January 16th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Severn Trent presently has a consensus rating of “Moderate Buy” and a consensus price target of $2,943.33.

Severn Trent Stock Performance

Severn Trent stock opened at $34.39 on Thursday. Severn Trent has a 12-month low of $23.25 and a 12-month high of $42.35. The business’s 50-day moving average price is $34.23 and its two-hundred day moving average price is $32.16.

Severn Trent Company Profile

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Severn Trent Plc engages in the provision of clean water and waste water treatment services and develops renewable energy solutions. It operates through the following segments: Regulated Water & Waste Water and Business Services. The Regulated Water & Waste Water segment includes the wholesale water and waste water activities of Severn Trent Water Limited, its retail services to domestic customers, and Hafren Dyfrdwy Cyfyngedig.

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