Citigroup Upgrades Severn Trent (OTCMKTS:STRNY) to Hold

Severn Trent (OTCMKTS:STRNY) was upgraded by investment analysts at Citigroup from a “strong sell” rating to a “hold” rating in a report issued on Tuesday, Zacks.com reports.

Separately, Barclays cut Severn Trent from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 5th.

Severn Trent Stock Down 2.8 %

OTCMKTS:STRNY opened at $33.90 on Tuesday. The business’s 50-day moving average price is $34.72 and its 200 day moving average price is $33.17. Severn Trent has a 52-week low of $29.00 and a 52-week high of $36.56.

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.