JPMorgan Chase & Co. upgraded shares of Severn Trent (LON:SVT) to an overweight rating in a report published on Friday morning. The brokerage currently has GBX 2,250 ($31.09) price objective on the stock.
Several other analysts have also recently issued reports on SVT. Barclays reissued an equal weight rating on shares of Severn Trent in a research report on Tuesday, November 14th. Deutsche Bank reduced their price target on shares of Severn Trent from GBX 2,250 ($31.09) to GBX 2,200 ($30.40) and set a hold rating on the stock in a research report on Wednesday, December 6th. Goldman Sachs Group started coverage on shares of Severn Trent in a research report on Friday, January 26th. They set a sell rating and a GBX 1,881 ($25.99) price target on the stock. Finally, Morgan Stanley reduced their price target on shares of Severn Trent from GBX 2,360 ($32.61) to GBX 2,130 ($29.43) and set an equal weight rating on the stock in a research report on Tuesday, March 6th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. Severn Trent presently has an average rating of Hold and an average target price of GBX 2,307.33 ($31.88).
Shares of Severn Trent (LON:SVT) opened at GBX 1,827.50 ($25.25) on Friday. The stock has a market cap of $4,310.00 and a PE ratio of 1,485.77. Severn Trent has a 1 year low of GBX 1,664 ($22.99) and a 1 year high of GBX 2,575 ($35.58).
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Severn Trent Company Profile
Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.
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