Severn Trent (LON:SVT) Sets New 1-Year Low - Should You Sell?

Key Points

• Severn Trent PLC shares reached a new 52-week low at GBX 2,262 ($30.60) but last traded at GBX 2,550 ($34.50) amid a trading volume of 692,555 shares.
• Barclays raised its price target for Severn Trent from GBX 2,960 to GBX 3,385, maintaining an "equal weight" rating with the average consensus rating still at "Hold."
• Recent insider selling included 28,287 shares by Olivia Garfield and 8,067 shares by Helen Miles, totaling over £971,000, highlighting reduced insider confidence in the stock.

Severn Trent PLC (LON:SVT - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 2,262 ($30.67) and last traded at GBX 2,550 ($34.58), with a volume of 692555 shares trading hands. The stock had previously closed at GBX 2,541 ($34.45).

Wall Street Analyst Weigh In

Separately, Barclays raised their price objective 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. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of GBX 2,992.50.

Severn Trent Trading Up 0.3%

The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94. The stock's fifty day moving average price is GBX 2,619.93 and its two-hundred day moving average price is GBX 2,626.41. The company has a market capitalization of £7.78 billion, a PE ratio of 3,382.91, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38.

Insider Transactions at Severn Trent

In other news, insider Helen Miles sold 8,067 shares of the stock in a transaction dated Friday, July 25th. The shares were sold at an average price of GBX 2,673, for a total transaction of £215,630.91. Also, insider Olivia (Liv) Garfield sold 28,287 shares of the 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. Corporate insiders own 0.32% 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.