Severn Trent (LON:SVT) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group restated their buy rating on shares of Severn Trent (LON:SVT) in a report released on Thursday, Marketbeat Ratings reports. Jefferies Financial Group currently has a GBX 2,880 ($36.45) target price on the stock.

Separately, JPMorgan Chase & Co. lowered shares of Severn Trent to an underweight rating and raised their price objective for the company from GBX 2,400 ($30.38) to GBX 2,450 ($31.01) in a research note on Thursday, December 14th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Severn Trent has an average rating of Hold and an average price target of GBX 2,940 ($37.21).

Severn Trent Trading Up 2.1 %

SVT opened at GBX 2,400.26 ($30.38) on Thursday. The company has a quick ratio of 0.73, a current ratio of 0.88 and a debt-to-equity ratio of 909.57. The firm has a market cap of £7.18 billion, a P/E ratio of 5,704.76, a P/E/G ratio of 4.69 and a beta of 0.39. Severn Trent has a 52 week low of GBX 2,243 ($28.39) and a 52 week high of GBX 2,979 ($37.70). The business has a fifty day simple moving average of GBX 2,511.38 and a 200-day simple moving average of GBX 2,554.69.

About Severn Trent

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through 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.