Severn Trent’s (SVT) Buy Rating Reiterated at Jefferies Financial Group

Severn Trent (LON:SVT – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a research report issued on Thursday,London Stock Exchange reports. They presently have a GBX 3,220 price objective on the stock. Jefferies Financial Group’s price target points to a potential upside of 3.66% from the stock’s previous close.

Other equities research analysts have also issued research reports about the stock. UBS Group restated a “sell” rating and issued a GBX 2,700 target price on shares of Severn Trent in a report on Monday. JPMorgan Chase & Co. lifted their price target on Severn Trent from GBX 2,975 to GBX 3,225 and gave the company a “neutral” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 3,075.57.

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Severn Trent Stock Up 0.9%

SVT stock traded up GBX 26.40 during midday trading on Thursday, reaching GBX 3,106.40. 2,234,371 shares of the company’s stock traded hands, compared to its average volume of 13,521,145. The company has a market cap of £9.35 billion, a price-to-earnings ratio of 29.64, a P/E/G ratio of 4.69 and a beta of 0.56. The firm’s fifty day moving average price is GBX 3,112.01 and its 200-day moving average price is GBX 2,967.37. The company has a quick ratio of 0.73, a current ratio of 1.43 and a debt-to-equity ratio of 601.64. Severn Trent has a 52 week low of GBX 2,381 and a 52 week high of GBX 3,335.

Severn Trent (LON:SVT – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The company reported GBX 179.80 earnings per share for the quarter. The firm had revenue of GBX 283.10 billion for the quarter. Severn Trent had a net margin of 11.92% and a return on equity of 17.64%. As a group, sell-side analysts forecast that Severn Trent will post 107.3706004 earnings per share for the current fiscal year.

About Severn Trent

(Get Free Report)

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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