Severn Trent (LON:SVT) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Severn Trent shares moved above their 200-day moving average, reaching GBX 3,162 before last trading at GBX 3,062, with 852,925 shares changing hands.
• Analyst sentiment remains cautious: five analysts rate the stock “Hold” and one rates it “Sell,” producing an overall “Reduce” consensus. Price targets range from GBX 2,700 to GBX 3,450.
• Insiders have been selling shares: company insiders sold 20,551 shares worth approximately £61.7 million over the past three months, while insiders own just 0.33% of the company.

Severn Trent PLC (LON:SVT - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-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 changing hands.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on SVT shares. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 3,220 target price on shares of Severn Trent in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 3,300 price target on shares of Severn Trent in a research note on Thursday, May 21st. Citigroup decreased their price objective 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. UBS Group reiterated a "sell" rating and set a GBX 2,700 price objective on shares of Severn Trent in a research note on Monday, May 18th. Finally, Royal Bank Of Canada boosted their target price on Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a "sector perform" rating in a report on Monday, June 1st. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Reduce" and a consensus price target of GBX 7,447.50.

Severn Trent Stock Performance

The firm has a 50 day moving average of GBX 3,039.67 and a 200-day moving average of GBX 3,069.63. The stock has a market capitalization of £9.24 billion, a PE ratio of 24.87, a P/E/G ratio of 4.69 and a beta of 0.55. The company has a debt-to-equity ratio of 596.63, a quick ratio of 0.73 and a current ratio of 1.39.

Insiders Place Their Bets

In other Severn Trent news, insider James Jesic sold 6,531 shares of the business's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £197,105.58. Also, insider Helen Miles sold 11,240 shares of the company's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £339,223.20. In the last three months, insiders have sold 20,551 shares of company stock valued at $61,672,638. Insiders own 0.33% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source