Severn Trent PLC (LON:SVT – Get Free Report)’s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 3,069.63 and traded as high as GBX 3,162. Severn Trent shares last traded at GBX 3,062, with a volume of 852,925 shares traded.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on SVT. Citigroup lowered their target price on shares of Severn Trent from £332.90 to £287.90 and set a “neutral” rating for the company in a report on Thursday, June 11th. Jefferies Financial Group restated a “hold” rating and issued a GBX 3,220 price target on shares of Severn Trent in a research note on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 3,300 price objective on shares of Severn Trent in a research note on Thursday, May 21st. UBS Group reissued a “sell” rating and issued a GBX 2,700 target price on shares of Severn Trent in a report on Monday, May 18th. Finally, Royal Bank Of Canada raised their price target on Severn Trent from GBX 3,400 to GBX 3,450 and gave the company a “sector perform” rating in a report on Monday, June 1st. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of GBX 7,447.50.
View Our Latest Stock Report on SVT
Severn Trent Trading Up 0.1%
Insider Buying and Selling at Severn Trent
In other Severn Trent news, insider Helen Miles sold 11,240 shares of Severn Trent stock in a transaction on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £339,223.20. Also, insider James Jesic sold 6,531 shares of the business’s stock in a transaction on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £197,105.58. Over the last quarter, insiders have sold 20,551 shares of company stock worth $61,672,638. Company insiders own 0.33% of the company’s stock.
Severn Trent Company Profile
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.
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