Severn Trent (LON:SVT)‘s stock had its “neutral” rating restated by investment analysts at UBS Group in a note issued to investors on Friday, investing.thisismoney.co.uk reports.
A number of other brokerages have also recently commented on SVT. HSBC lifted their target price on shares of Severn Trent from GBX 2,080 ($27.18) to GBX 2,100 ($27.44) and gave the company a “hold” rating in a report on Tuesday, August 28th. Goldman Sachs Group lifted their target price on shares of Severn Trent from GBX 1,764 ($23.05) to GBX 1,780 ($23.26) and gave the company a “sell” rating in a report on Monday, September 17th. Deutsche Bank reaffirmed a “hold” rating on shares of Severn Trent in a report on Tuesday, November 13th. Royal Bank of Canada reaffirmed a “top pick” rating and issued a GBX 2,650 ($34.63) target price on shares of Severn Trent in a report on Monday, September 3rd. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Severn Trent in a research note on Friday. One analyst has rated the stock with a sell rating, five have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 2,169.88 ($28.35).
Shares of Severn Trent stock opened at GBX 1,937.50 ($25.32) on Friday. Severn Trent has a 12 month low of GBX 1,664 ($21.74) and a 12 month high of GBX 2,575 ($33.65).
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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