Severn Trent PLC (OTCMKTS:STRNY) Receives Average Rating of “Hold” from Brokerages

Severn Trent PLC (OTCMKTS:STRNY) has been given an average rating of “Hold” by the six brokerages that are presently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

A number of research analysts recently issued reports on the stock. Zacks Research upgraded shares of Severn Trent from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. BNP Paribas Exane initiated coverage on shares of Severn Trent in a research report on Monday. They set a “neutral” rating for the company. Citigroup reissued a “neutral” rating on shares of Severn Trent in a research report on Thursday, June 11th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Severn Trent in a research report on Monday, June 1st.

Severn Trent Stock Performance

Shares of OTCMKTS STRNY opened at $39.31 on Monday. The company has a 50 day simple moving average of $41.28 and a 200 day simple moving average of $40.88. Severn Trent has a 1 year low of $33.73 and a 1 year high of $45.46.

About Severn Trent

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.