Severn Trent PLC (OTCMKTS:STRNY – Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 5,234 shares, a growth of 79.6% from the June 30th total of 2,915 shares. Based on an average daily trading volume, of 33,580 shares, the short-interest ratio is presently 0.2 days.
Analysts Set New Price Targets
STRNY has been the topic of a number of recent analyst reports. Citigroup reiterated a “neutral” rating on shares of Severn Trent in a report on Thursday, June 11th. BNP Paribas Exane began coverage on Severn Trent in a research report on Monday, June 29th. They set a “neutral” rating for the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Severn Trent in a research note on Monday, June 1st. Finally, Zacks Research upgraded Severn Trent from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.
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Severn Trent Price Performance
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.
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