Severn Trent (LON:SVT) Reaches New 1-Year High – Still a Buy?

Shares of Severn Trent PLC (LON:SVT) reached a new 52-week high on Tuesday . The company traded as high as GBX 2,965 and last traded at GBX 2,928, with a volume of 438288 shares. The stock had previously closed at GBX 2,930.13.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 2,850 target price on shares of Severn Trent in a research note on Monday, October 13th. Citigroup reduced their price objective on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a research report on Monday, November 3rd. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating on the stock in a research report on Monday, January 19th. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,928.80.

Severn Trent Price Performance

The business’s 50-day simple moving average is GBX 2,806.28 and its 200 day simple moving average is GBX 2,709.16. The company has a market capitalization of £8.80 billion, a P/E ratio of 27.89, a P/E/G ratio of 4.69 and a beta of 0.38. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94.

Severn Trent (LON:SVT) last posted its quarterly earnings data on Wednesday, November 19th. The company reported GBX 101 EPS for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. As a group, sell-side analysts anticipate that Severn Trent PLC will post 107.3706004 EPS for the current year.

Insider Activity

In other news, insider Helen Miles sold 22,000 shares of the business’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of GBX 2,758, for a total value of £606,760. Company insiders own 0.32% of the company’s stock.

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.