Royal Bank Of Canada downgraded shares of Severn Trent Plc (LON:SVT) to an underperform rating in a report issued on Wednesday. They currently have GBX 2,300 ($30.02) price objective on the stock, up from their prior price objective of GBX 2,200 ($28.72).
Several other research firms have also recently commented on SVT. JPMorgan Chase & Co. cut shares of Severn Trent Plc to a neutral rating and increased their price target for the company from GBX 2,300 ($30.02) to GBX 2,450 ($31.98) in a research note on Friday, July 22nd. Beaufort Securities restated a buy rating on shares of Severn Trent Plc in a report on Thursday, July 21st. Credit Suisse Group AG restated an underperform rating and issued a GBX 2,100 ($27.41) price objective on shares of Severn Trent Plc in a report on Friday, August 26th. HSBC restated a hold rating and issued a GBX 2,250 ($29.37) price objective on shares of Severn Trent Plc in a report on Tuesday, July 5th. Finally, Deutsche Bank AG restated a buy rating on shares of Severn Trent Plc in a report on Friday, June 24th. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of GBX 2,196.13 ($28.67).
Severn Trent Plc (LON:SVT) opened at 2314.00 on Wednesday. Severn Trent Plc has a 12-month low of GBX 2,024.00 and a 12-month high of GBX 2,526.00. The stock’s 50 day moving average is GBX 2,425.05 and its 200 day moving average is GBX 2,329.12. The stock’s market capitalization is GBX 5.44 billion.
Severn Trent Plc Company Profile
Severn Trent Plc is a United Kingdom-based company, which treats and provides water and removes waste water in the United Kingdom and internationally. The Company operates through two segments: Severn Trent Water and Severn Trent Services. Severn Trent Water provides high quality water and sewerage services to over 3.3 million households and businesses in the Midlands and mid-Wales.
Receive News & Ratings for Severn Trent Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent Plc and related companies with MarketBeat.com's FREE daily email newsletter.