Severn Trent (LON:SVT) Shares Pass Above 200 Day Moving Average of $2,801.10

Severn Trent PLC (LON:SVT – Get Rating) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,801.10 ($34.84) and traded as high as GBX 2,819 ($35.06). Severn Trent shares last traded at GBX 2,797 ($34.79), with a volume of 473,956 shares trading hands.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on SVT shares. Barclays restated an “equal weight” rating and set a GBX 3,280 ($40.80) price target on shares of Severn Trent in a research report on Thursday, February 9th. Royal Bank of Canada downgraded Severn Trent to a “sector perform” rating and raised their price target for the company from GBX 2,900 ($36.07) to GBX 3,000 ($37.31) in a research report on Monday, February 13th.

Severn Trent Stock Down 0.5 %

The stock has a 50 day moving average price of GBX 2,892.02 and a 200-day moving average price of GBX 2,801.10. The stock has a market capitalization of £7.04 billion, a P/E ratio of 4,113.24, a PEG ratio of 4.90 and a beta of 0.47. The company has a debt-to-equity ratio of 589.86, a current ratio of 0.77 and a quick ratio of 0.73.

Insider Activity

In other news, insider Sarah Legg sold 750 shares of the firm’s stock in a transaction dated Friday, March 24th. The stock was sold at an average price of GBX 2,829 ($35.19), for a total transaction of £21,217.50 ($26,389.93). Insiders own 0.35% of the company’s stock.

About Severn Trent

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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.