Kepler Capital Markets Downgrades Severn Trent (OTCMKTS:STRNY) to Hold

Severn Trent (OTCMKTS:STRNY) was downgraded by Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Citigroup upgraded Severn Trent from a “neutral” rating to a “buy” rating in a research report on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Severn Trent Price Performance

OTCMKTS STRNY opened at $44.80 on Wednesday. The company’s 50 day moving average is $40.27 and its 200-day moving average is $37.74. Severn Trent has a 12-month low of $30.36 and a 12-month high of $44.83.

Severn Trent Company Profile

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.