Severn Trent’s (SVT) Sector perform Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reiterated their sector perform rating on shares of Severn Trent (LON:SVT) in a report released on Monday, Marketbeat.com reports. The brokerage currently has a GBX 2,850 price objective on the stock.

Several other research firms have also recently issued reports on SVT. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,610 price objective on shares of Severn Trent in a research report on Wednesday, October 1st. Barclays upped their price objective on Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an “equal weight” rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Severn Trent currently has an average rating of “Hold” and an average price target of GBX 2,861.25.

Severn Trent Stock Performance

SVT stock opened at GBX 2,714 on Monday. The stock has a market capitalization of £8.17 billion, a PE ratio of 3,552.36, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. Severn Trent has a 12-month low of GBX 2,323 and a 12-month high of GBX 2,807. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. The stock’s 50 day simple moving average is GBX 2,583.44 and its 200 day simple moving average is GBX 2,645.89.

Insider Buying and Selling at Severn Trent

In other Severn Trent news, insider Olivia (Liv) Garfield sold 28,287 shares of the stock in a transaction on Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total value of £756,111.51. Also, insider Helen Miles sold 8,067 shares of the stock in a transaction on Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total value of £215,630.91. Corporate insiders own 0.29% of the company’s stock.

Severn Trent Company Profile

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.