Zacks Research Upgrades Severn Trent (OTCMKTS:STRNY) to “Strong-Buy”

Severn Trent (OTCMKTS:STRNY) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday, Zacks reports.

Separately, Jefferies Financial Group cut shares of Severn Trent from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Severn Trent Trading Up 0.4%

Shares of OTCMKTS:STRNY opened at $44.19 on Wednesday. The firm’s fifty day moving average is $42.33 and its 200-day moving average is $41.89. Severn Trent has a 52 week low of $35.72 and a 52 week high of $45.65.

Severn Trent Company Profile

Severn Trent plc is a United Kingdom-based water and wastewater services company. Through its regulated businesses, the company supplies treated drinking water, collects and treats wastewater, manages sewer networks, and operates water and wastewater treatment infrastructure. Severn Trent primarily serves communities across the Midlands of England through Severn Trent Water. Its wider group also includes Hafren Dyfrdwy, which provides regulated water and wastewater services in parts of Wales. The company’s activities include water-resource management, environmental protection, asset maintenance, and the development of infrastructure designed to support reliable and sustainable services.