Severn Trent (LON:SVT) Rating Reiterated by JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Severn Trent (LON:SVT) in a research report released on Friday, Marketbeat Ratings reports.

Several other equities analysts also recently commented on SVT. Jefferies Financial Group reiterated a buy rating and issued a GBX 2,880 ($36.89) target price on shares of Severn Trent in a research report on Thursday, April 11th. Morgan Stanley reiterated an overweight rating on shares of Severn Trent in a research report on Tuesday, May 14th.

Severn Trent Price Performance

Severn Trent stock opened at GBX 2,501 ($32.04) on Friday. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.56. The company has a market capitalization of £7.48 billion, a PE ratio of 4,903.92, a P/E/G ratio of 4.69 and a beta of 0.39. Severn Trent has a 12 month low of GBX 2,243 ($28.73) and a 12 month high of GBX 2,761 ($35.37). The stock has a 50-day moving average price of GBX 2,475.15 and a two-hundred day moving average price of GBX 2,505.50.

Severn Trent Increases Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Thursday, May 30th will be given a dividend of GBX 70.10 ($0.90) per share. This represents a dividend yield of 2.68%. This is an increase from Severn Trent’s previous dividend of $46.74. The ex-dividend date is Thursday, May 30th. Severn Trent’s dividend payout ratio (DPR) is 22,941.18%.

Insider Transactions at Severn Trent

In other news, insider Helen Miles sold 2,852 shares of the firm’s stock in a transaction dated Monday, June 10th. The stock was sold at an average price of GBX 2,413 ($30.91), for a total transaction of £68,818.76 ($88,150.07). 0.24% of the stock is owned by corporate insiders.

Severn Trent Company Profile

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.