Severn Trent Plc (SVT) Rating Increased to Buy at

upgraded shares of Severn Trent Plc (LON:SVT) to a buy rating in a research note published on Monday, November 6th. currently has GBX 2,300 ($30.25) price objective on the stock, up from their prior price objective of GBX 2,160 ($28.41).

Several other brokerages have also recently issued reports on SVT. Morgan Stanley lowered their price objective on shares of Severn Trent from GBX 2,395 ($31.50) to GBX 2,355 ($30.97) and set an equal weight rating for the company in a research note on Tuesday, July 18th. Deutsche Bank AG reissued a hold rating and set a GBX 2,500 ($32.88) price objective on shares of Severn Trent in a research note on Wednesday, July 12th. Credit Suisse Group reissued a neutral rating and set a GBX 2,230 ($29.33) price objective on shares of Severn Trent in a research note on Thursday, November 2nd. J P Morgan Chase & Co reissued a neutral rating and set a GBX 2,500 ($32.88) price objective on shares of Severn Trent in a research note on Thursday, October 26th. Finally, Macquarie lifted their target price on shares of Severn Trent from GBX 2,570 ($33.80) to GBX 2,575 ($33.87) and gave the company an outperform rating in a report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of GBX 2,378.89 ($31.29).

Shares of Severn Trent (LON SVT) traded down GBX 30 ($0.39) on Monday, hitting GBX 2,106 ($27.70). 920,770 shares of the stock were exchanged, compared to its average volume of 796,769. Severn Trent has a fifty-two week low of GBX 2,047 ($26.92) and a fifty-two week high of GBX 2,575 ($33.87).

Severn Trent (LON:SVT) last issued its quarterly earnings data on Thursday, November 23rd. The company reported GBX 65.90 ($0.87) earnings per share for the quarter, missing the Zacks’ consensus estimate of GBX 66 ($0.87) by GBX (0.10) ($0.00). The business had revenue of £850.40 million for the quarter. Severn Trent had a return on equity of 33.50% and a net margin of 15.46%.

WARNING: This piece was posted by BBNS and is the property of of BBNS. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this piece can be accessed at https://baseballnewssource.com/markets/hsbc-holdings-plc-upgrades-severn-trent-plc-svt-to-buy/1761417.html.

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.

Analyst Recommendations for Severn Trent (LON:SVT)

Receive News & Ratings for Severn Trent Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent Plc and related companies with our FREE daily email newsletter.

 


Latest News

Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Tigers Trade Ian Kinsler to Angels for Pair of Minor Leaguers
Manny Machado Could Change Positions or Uniforms
Manny Machado Could Change Positions or Uniforms
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Jack Morris, Alan Trammel Voted by Modern Era Committee into Hall of Fame
Yankees and Marlins Continue Stanton Trade Talks
Yankees and Marlins Continue Stanton Trade Talks
Marlins Making Moves, Trade Dee Gordon to Seattle
Marlins Making Moves, Trade Dee Gordon to Seattle
Report: Astros Dallas Keuchel Pitched With Injured Foot
Report: Astros Dallas Keuchel Pitched With Injured Foot


Leave a Reply

 
© 2006-2017 BBNS.