Severn Trent (LON:SVT) Stock Crosses Above 200 Day Moving Average - What's Next?

Key Points

• Severn Trent shares moved above their 200-day moving average, reaching GBX 3,142 before closing at GBX 3,129.91 on volume of 640,180 shares.
• Analyst sentiment remains cautious: five analysts rate the stock “Hold” and one rates it “Sell,” producing a consensus “Reduce” rating, despite several target-price revisions.
• Company insiders sold 20,551 shares worth approximately $61.7 million over the past quarter, while insiders collectively own just 0.33% of Severn Trent.

Severn Trent PLC (LON:SVT - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 3,065.18 and traded as high as GBX 3,142. Severn Trent shares last traded at GBX 3,129.91, with a volume of 640,180 shares changing hands.

Analyst Ratings Changes

A number of research analysts have weighed in on SVT shares. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 3,300 target price on shares of Severn Trent in a research report on Thursday, May 21st. UBS Group reiterated a "sell" rating and issued a GBX 2,700 price objective on shares of Severn Trent in a research note on Monday, May 18th. Royal Bank Of Canada boosted their price objective on Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a "sector perform" rating in a research report on Monday, June 1st. Jefferies Financial Group restated a "hold" rating and set a GBX 3,220 target price on shares of Severn Trent in a research note on Monday, August 3rd. Finally, Citigroup lowered their target price on Severn Trent from £332.90 to £287.90 and set a "neutral" rating on the stock in a report on Thursday, June 11th. Five equities research 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 stock has an average rating of "Reduce" and a consensus target price of GBX 7,447.50.

Severn Trent Stock Performance

The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 596.63. The firm has a 50-day moving average of GBX 3,009.88 and a 200 day moving average of GBX 3,065.18. The stock has a market capitalization of £9.45 billion, a P/E ratio of 25.43, a PEG ratio of 4.69 and a beta of 0.55.

Insider Activity at Severn Trent

In other news, insider James Jesic sold 6,531 shares of the company's stock in a transaction that occurred on 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 on Monday, July 27th. The shares were sold at an average price of GBX 3,018, for a total value of £339,223.20. Over the last quarter, insiders sold 20,551 shares of company stock worth $61,672,638. Corporate 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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