Severn Trent (SVT) PT Raised to GBX 2,100 at HSBC

Severn Trent (LON:SVT) had its price target hoisted by stock analysts at HSBC from GBX 2,080 ($26.83) to GBX 2,100 ($27.09) in a research report issued on Tuesday. The firm presently has a “hold” rating on the stock. HSBC’s target price suggests a potential upside of 6.92% from the company’s previous close.

Several other equities research analysts have also issued reports on SVT. Deutsche Bank reissued a “hold” rating on shares of Severn Trent in a research report on Wednesday, May 16th. Royal Bank of Canada raised Severn Trent to a “top pick” rating in a research report on Monday, July 9th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Severn Trent in a research report on Thursday, July 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 2,207 ($28.47).

SVT stock opened at GBX 1,964 ($25.34) on Tuesday. Severn Trent has a 12-month low of GBX 1,664 ($21.47) and a 12-month high of GBX 2,575 ($33.22).

In related news, insider Olivia (Liv) Garfield sold 20,244 shares of the company’s stock in a transaction on Tuesday, July 17th. The stock was sold at an average price of GBX 1,890 ($24.38), for a total transaction of £382,611.60 ($493,565.02).

About Severn Trent

Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.

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Analyst Recommendations for Severn Trent (LON:SVT)

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