Severn Trent (LON:SVT) had its price objective boosted by Jefferies Financial Group from GBX 1,920 ($25.26) to GBX 2,320 ($30.52) in a report published on Tuesday morning, Digital Look reports. The firm currently has a hold rating on the stock.
A number of other equities research analysts have also issued reports on the company. Barclays upgraded Severn Trent to an overweight rating and upped their price target for the company from GBX 2,300 ($30.26) to GBX 2,400 ($31.57) in a research report on Monday, December 16th. Goldman Sachs Group upped their price target on Severn Trent from GBX 1,863 ($24.51) to GBX 1,986 ($26.12) and gave the company a sell rating in a research report on Wednesday, December 4th. BNP Paribas lowered Severn Trent to an underperform rating and dropped their price target for the company from GBX 2,000 ($26.31) to GBX 1,850 ($24.34) in a research report on Thursday, December 5th. Credit Suisse Group restated a neutral rating on shares of Severn Trent in a research report on Monday, January 20th. Finally, Deutsche Bank upped their price target on Severn Trent from GBX 2,650 ($34.86) to GBX 2,750 ($36.17) and gave the company a buy rating in a research report on Monday, February 3rd. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of GBX 2,251.60 ($29.62).
SVT stock opened at GBX 2,582 ($33.96) on Tuesday. The company has a debt-to-equity ratio of 512.27, a current ratio of 0.67 and a quick ratio of 0.65. The business has a 50 day simple moving average of GBX 2,550.44 and a 200-day simple moving average of GBX 2,272.03. The firm has a market capitalization of $6.13 billion and a PE ratio of 20.66. Severn Trent has a 1 year low of GBX 1,891 ($24.88) and a 1 year high of GBX 2,625 ($34.53).
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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