Brokerages Set Severn Trent Plc (SVT) Price Target at $2,125.00
Shares of Severn Trent Plc (LON:SVT) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is GBX 2,095 ($27.37).
SVT has been the topic of a number of research analyst reports. Morgan Stanley reissued an “equal weight” rating on shares of Severn Trent in a report on Thursday, December 13th. Barclays lifted their price objective on Severn Trent from GBX 2,220 ($29.01) to GBX 2,320 ($30.31) and gave the stock an “equal weight” rating in a research note on Friday, April 5th. HSBC reduced their price objective on Severn Trent from GBX 2,100 ($27.44) to GBX 2,000 ($26.13) and set a “hold” rating on the stock in a research note on Friday, January 18th. Goldman Sachs Group lifted their price objective on Severn Trent from GBX 1,847 ($24.13) to GBX 1,880 ($24.57) and gave the stock a “sell” rating in a research note on Friday, April 5th. Finally, JPMorgan Chase & Co. reduced their price objective on Severn Trent from GBX 2,250 ($29.40) to GBX 2,200 ($28.75) and set an “overweight” rating on the stock in a research note on Tuesday, December 11th.
LON SVT opened at GBX 1,957 ($25.57) on Friday. The company has a debt-to-equity ratio of 517.43, a quick ratio of 0.61 and a current ratio of 0.62. Severn Trent has a 12 month low of GBX 1,758 ($22.97) and a 12 month high of GBX 2,104 ($27.49). The company has a market capitalization of $4.64 billion and a P/E ratio of 18.15.
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.
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