Severn Trent (LON:SVT) Given "Sector perform" Rating at Royal Bank Of Canada

Key Points

• Royal Bank of Canada has reissued a "sector perform" rating for Severn Trent, with a target price of GBX 2,850, indicating a potential upside of 7.26%.
• Barclays recently raised their target price for Severn Trent from GBX 2,960 to GBX 3,385 while maintaining an "equal weight" rating.
• Recent insider trading saw Olivia Garfield and Helen Miles sell shares of Severn Trent for a total of nearly £1 million in transactions on July 25th.

Severn Trent (LON:SVT - Get Free Report)'s stock had its "sector perform" rating reissued by Royal Bank Of Canada in a note issued to investors on Monday, Marketbeat Ratings reports. They presently have a GBX 2,850 target price on the stock. Royal Bank Of Canada's price objective indicates a potential upside of 7.26% from the company's previous close.

Several other equities research analysts have also recently commented on the company. Barclays boosted their price target on Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an "equal weight" rating in a research note on Wednesday, August 20th. Jefferies Financial Group reissued a "hold" rating and issued a GBX 2,610 target price on shares of Severn Trent in a research note on Wednesday, October 1st. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of GBX 2,861.25.

Severn Trent Trading Down 0.0%

SVT opened at GBX 2,657 on Monday. Severn Trent has a 12-month low of GBX 2,323 and a 12-month high of GBX 2,807. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The firm's fifty day moving average price is GBX 2,583.36 and its 200 day moving average price is GBX 2,644.04. The stock has a market capitalization of £8.00 billion, a PE ratio of 3,477.75, a P/E/G ratio of 4.69 and a beta of 0.38.

Insider Buying and Selling at Severn Trent

In other news, insider Olivia (Liv) Garfield sold 28,287 shares of Severn Trent stock in a transaction dated Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total transaction of £756,111.51. Also, insider Helen Miles sold 8,067 shares of Severn Trent stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total transaction of £215,630.91. Company insiders own 0.29% 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.