Severn Trent (OTCMKTS:SVTRF) Cut to “Hold” at Jefferies Financial Group

Jefferies Financial Group lowered shares of Severn Trent (OTCMKTS:SVTRF) from a buy rating to a hold rating in a research note published on Thursday morning, Automated Import reports.

OTCMKTS:SVTRF opened at $25.07 on Thursday. Severn Trent has a 12-month low of $22.89 and a 12-month high of $27.28. The business has a 50 day simple moving average of $25.08 and a 200 day simple moving average of $25.55.

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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