Severn Trent Plc (LON:SVT) has received an average recommendation of “Hold” from the twelve brokerages that are presently covering the company. Two analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is GBX 2,262.50 ($28.27).
Several brokerages have recently weighed in on SVT. Credit Suisse Group restated a “neutral” rating and set a GBX 2,190 ($27.37) price target on shares of Severn Trent Plc in a report on Wednesday, January 25th. Deutsche Bank AG reiterated a “buy” rating on shares of Severn Trent Plc in a report on Wednesday, November 16th. Citigroup Inc. upgraded Severn Trent Plc to a “neutral” rating in a report on Wednesday, November 16th. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Severn Trent Plc in a report on Wednesday, February 1st. Finally, HSBC Holdings plc lifted their price objective on Severn Trent Plc from GBX 2,250 ($28.12) to GBX 2,330 ($29.12) and gave the stock a “hold” rating in a report on Wednesday, November 23rd.
Shares of Severn Trent Plc (LON:SVT) opened at 2295.00 on Wednesday. Severn Trent Plc has a 12 month low of GBX 2,024.00 and a 12 month high of GBX 2,526.00. The company’s market capitalization is GBX 5.50 billion. The stock’s 50 day moving average price is GBX 2,233.14 and its 200 day moving average price is GBX 2,305.84.
In related news, insider Kevin S. Beeston acquired 2,244 shares of the stock in a transaction dated Monday, December 19th. The shares were purchased at an average cost of GBX 2,213 ($27.66) per share, with a total value of £49,659.72 ($62,059.14). Also, insider John Coghlan acquired 2,270 shares of the stock in a transaction dated Tuesday, December 20th. The shares were bought at an average cost of GBX 2,200 ($27.49) per share, for a total transaction of £49,940 ($62,409.40).
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Severn Trent Plc Company Profile
Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.
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