Severn Trent PLC (LON:SVT) Stock Has Consensus Target Price of GBX 7,447.50 According to Brokerages

Severn Trent PLC (LON:SVT) has been assigned a consensus rating of “Reduce” from the six brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 7,447.50.

Several research analysts have issued reports on SVT shares. Citigroup cut their price objective on Severn Trent from £332.90 to £287.90 and set a “neutral” rating for the company in a research report on Thursday, June 11th. Jefferies Financial Group restated a “hold” rating and set a GBX 3,220 target price on shares of Severn Trent in a research report on Monday, August 3rd.

Severn Trent Stock Down 1.8%

SVT opened at GBX 3,058 on Monday. The company has a debt-to-equity ratio of 596.63, a current ratio of 1.39 and a quick ratio of 0.73. Severn Trent has a 12 month low of GBX 2,381 and a 12 month high of GBX 3,335. The stock has a market capitalization of £9.24 billion, a P/E ratio of 24.84, a P/E/G ratio of 4.69 and a beta of 0.55. The business has a 50 day simple moving average of GBX 3,058.63 and a 200-day simple moving average of GBX 3,044.15.

Insider Activity

In other Severn Trent news, insider James Jesic sold 6,531 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total value of £197,105.58. Also, insider Helen Miles sold 11,240 shares of the stock in a transaction dated Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total transaction of £339,223.20. 0.29% of the stock is owned by company insiders.

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.