Severn Trent (OTCMKTS:STRNY) Stock Rating Lowered by Jefferies Financial Group

Severn Trent (OTCMKTS:STRNYGet Free Report) was downgraded by investment analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

STRNY has been the topic of a number of other research reports. Zacks Research upgraded shares of Severn Trent from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. BNP Paribas Exane assumed coverage on Severn Trent in a research note on Monday, June 29th. They set a “neutral” rating for the company. Royal Bank Of Canada reissued a “sector perform” rating on shares of Severn Trent in a report on Monday, June 1st. Finally, Citigroup reissued a “neutral” rating on shares of Severn Trent in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Severn Trent presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on Severn Trent

Severn Trent Trading Up 0.7%

Shares of OTCMKTS STRNY opened at $41.76 on Monday. The company has a 50-day moving average price of $40.29 and a 200-day moving average price of $41.43. Severn Trent has a 1 year low of $33.73 and a 1 year high of $45.46.

About Severn Trent

(Get Free Report)

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.

Recommended Stories

Analyst Recommendations for Severn Trent (OTCMKTS:STRNY)

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