Severn Trent (LON:SVT) Shares Pass Above 200 Day Moving Average – What’s Next?

Severn Trent PLC (LON:SVT) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,065.18 and traded as high as GBX 3,142. Severn Trent shares last traded at GBX 3,129.91, with a volume of 640,180 shares changing hands.

Analyst Upgrades and Downgrades

SVT has been the topic of a number of research analyst reports. Citigroup cut their price target on Severn Trent from £332.90 to £287.90 and set a “neutral” rating on the stock in a report on Thursday, June 11th. Jefferies Financial Group reissued a “hold” rating and set a GBX 3,220 target price on shares of Severn Trent in a research note on Monday, August 3rd. UBS Group restated a “sell” rating and issued a GBX 2,700 price target on shares of Severn Trent in a report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 3,300 price objective on shares of Severn Trent in a report on Thursday, May 21st. Finally, Royal Bank Of Canada increased their price objective on shares of Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a “sector perform” rating in a research report on Monday, June 1st. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of GBX 7,447.50.

Severn Trent Trading Down 0.1%

The business has a fifty day moving average of GBX 3,015 and a 200-day moving average of GBX 3,066.11. The company has a debt-to-equity ratio of 596.63, a quick ratio of 0.73 and a current ratio of 1.39. The company has a market capitalization of £9.51 billion, a P/E ratio of 25.59, a PEG ratio of 4.69 and a beta of 0.55.

Insider Buying and Selling at Severn Trent

In other Severn Trent news, insider James Jesic sold 6,531 shares of the firm’s stock in a transaction on Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total value of £197,105.58. Also, insider Helen Miles sold 11,240 shares of Severn Trent stock in a transaction dated Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total transaction of £339,223.20. In the last 90 days, insiders have sold 20,551 shares of company stock worth $61,672,638. Corporate insiders own 0.33% of the company’s stock.

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.