Severn Trent (LON:SVT) Rating Reiterated by Deutsche Bank
Severn Trent (LON:SVT)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a report issued on Friday, ThisIsMoney.Co.Uk reports.
Other research analysts have also recently issued reports about the stock. Credit Suisse Group increased their target price on shares of Johnson & Johnson from $152.00 to $156.00 and gave the stock an “outperform” rating in a report on Thursday, May 16th. Barclays restated a “top pick” rating and issued a GBX 3,250 ($42.47) price target on shares of in a report on Wednesday, June 19th. Goldman Sachs Group assumed coverage on shares of Colfax in a research report on Friday, April 5th. They issued a “buy” rating and a $34.00 price target for the company. JPMorgan Chase & Co. upgraded shares of M.D.C. from an “underweight” rating to a “neutral” rating in a research note on Monday, July 8th. Finally, Macquarie raised shares of AGL Energy from an “underperform” rating to a “neutral” rating in a report on Monday, June 17th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Severn Trent presently has a consensus rating of “Hold” and a consensus target price of GBX 2,105.40 ($27.51).
SVT stock opened at GBX 2,045 ($26.72) on Friday. The company has a debt-to-equity ratio of 530.38, a current ratio of 0.78 and a quick ratio of 0.73. The company has a 50-day moving average price of GBX 2,043.32. The company has a market capitalization of $4.86 billion and a P/E ratio of 15.35. Severn Trent has a 1-year low of GBX 1,758 ($22.97) and a 1-year high of GBX 2,153 ($28.13).
Severn Trent Company Profile
Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.
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