Severn Trent (LON:SVT) Hits New 52-Week High – Time to Buy?

Severn Trent PLC (LON:SVT) shares reached a new 52-week high during trading on Thursday. The stock traded as high as GBX 3,380 and last traded at GBX 3,370, with a volume of 1,801,403 shares trading hands. The stock had previously closed at GBX 3,326.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “hold” rating and set a GBX 3,220 price target on shares of Severn Trent in a research report on Monday, August 3rd. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Severn Trent currently has an average rating of “Reduce” and a consensus target price of GBX 7,447.50.

Severn Trent Trading Up 1.4%

The company has a current ratio of 1.39, a quick ratio of 0.73 and a debt-to-equity ratio of 596.63. The business’s 50-day simple moving average is GBX 3,112.41 and its two-hundred day simple moving average is GBX 3,066.18. The company has a market capitalization of £10.19 billion, a PE ratio of 27.39, a PEG ratio of 4.69 and a beta of 0.54.

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.