Severn Trent (LON:SVT) Hits New 52-Week High – What’s Next?

Severn Trent PLC (LON:SVT)’s stock price hit a new 52-week high on Tuesday . The stock traded as high as GBX 3,229.32 and last traded at GBX 3,212, with a volume of 380935 shares changing hands. The stock had previously closed at GBX 3,202.

Analyst Upgrades and Downgrades

Several analysts have recently commented on SVT shares. Citigroup decreased their price objective on shares of Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft decreased their price target on 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. One equities research analyst has rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Severn Trent presently has a consensus rating of “Hold” and a consensus target price of GBX 2,928.80.

Severn Trent Trading Down 1.1%

The stock has a market cap of £9.40 billion, a P/E ratio of 29.79, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The stock’s 50-day moving average is GBX 2,876.12 and its two-hundred day moving average is GBX 2,743.17. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73.

Severn Trent (LON:SVT) last announced its quarterly earnings results on Wednesday, November 19th. The company reported GBX 101 earnings per share (EPS) for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. Equities research analysts anticipate that Severn Trent PLC will post 107.3706004 EPS for the current year.

Insider Activity

In other Severn Trent news, insider Helen Miles sold 22,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of GBX 2,758, for a total transaction of £606,760. Company insiders own 0.32% of the company’s stock.

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.