Severn Trent (LON:SVT) Reaches New 12-Month High – Time to Buy?

Severn Trent PLC (LON:SVT) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 3,302 and last traded at GBX 3,284, with a volume of 1480490 shares trading hands. The stock had previously closed at GBX 3,047.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SVT shares. Deutsche Bank Aktiengesellschaft cut their price objective on Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating on the stock in a research note on Monday, January 19th. JPMorgan Chase & Co. upped their price objective on Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research note on Monday, April 13th. Six investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Severn Trent presently has a consensus rating of “Hold” and a consensus target price of GBX 2,978.17.

Severn Trent Price Performance

The company has a current ratio of 1.43, a quick ratio of 0.73 and a debt-to-equity ratio of 601.64. The business has a 50-day moving average price of GBX 3,132.93 and a two-hundred day moving average price of GBX 2,935.33. The firm has a market capitalization of £9.93 billion, a price-to-earnings ratio of 31.47, a PEG ratio of 4.69 and a beta of 0.56.

Severn Trent Company Profile

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.