Severn Trent (LON:SVT) Given “Hold” Rating at Deutsche Bank Aktiengesellschaft

Severn Trent (LON:SVT)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank Aktiengesellschaft in a research note issued to investors on Thursday,London Stock Exchange reports. They presently have a GBX 3,300 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 6.23% from the stock’s previous close.

SVT has been the subject of a number of other reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,220 price objective on shares of Severn Trent in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on Severn Trent from GBX 2,975 to GBX 3,225 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Finally, UBS Group reissued a “sell” rating and issued a GBX 2,700 price target on shares of Severn Trent in a report on Monday. One research analyst has rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Severn Trent currently has a consensus rating of “Hold” and an average price target of GBX 3,075.57.

Severn Trent Stock Up 0.9%

Shares of SVT traded up GBX 26.40 during mid-day trading on Thursday, reaching GBX 3,106.40. 2,234,371 shares of the stock traded hands, compared to its average volume of 13,521,145. The stock has a fifty day simple moving average of GBX 3,112.01 and a 200 day simple moving average of GBX 2,967.37. Severn Trent has a 12-month low of GBX 2,381 and a 12-month high of GBX 3,335. The company has a quick ratio of 0.73, a current ratio of 1.43 and a debt-to-equity ratio of 601.64. The firm has a market cap of £9.35 billion, a price-to-earnings ratio of 29.64, a P/E/G ratio of 4.69 and a beta of 0.56.

Severn Trent (LON:SVT) last announced its earnings results on Wednesday, May 20th. The company reported GBX 179.80 earnings per share for the quarter. The business had revenue of GBX 283.10 billion during the quarter. Severn Trent had a net margin of 11.92% and a return on equity of 17.64%. Sell-side analysts expect that Severn Trent will post 107.3706004 EPS for the current fiscal year.

About Severn Trent

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.