Severn Trent (LON:SVT) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Severn Trent PLC (LON:SVT)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,962 and traded as high as GBX 3,110. Severn Trent shares last traded at GBX 2,882, with a volume of 201,609,469 shares traded.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. raised their target price on Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating on the stock in a report on Monday, January 19th. Six analysts have rated the stock with a Hold rating, According to data from MarketBeat, Severn Trent has an average rating of “Hold” and an average target price of GBX 2,978.17.

Severn Trent Price Performance

The firm has a 50 day moving average price of GBX 3,119.80 and a two-hundred day moving average price of GBX 2,962. The company has a market cap of £8.68 billion, a P/E ratio of 27.50, a P/E/G ratio of 4.69 and a beta of 0.56. The company has a debt-to-equity ratio of 601.64, a quick ratio of 0.73 and a current ratio of 1.43.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends. The UK’s regulatory model provides a high degree of certainty over five-year periods.