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Severn Trent (LON:SVT) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Severn Trent logo with Utilities background
Image from MarketBeat Media, LLC.

Key Points

  • Technical breakout: Severn Trent shares crossed above their 200-day moving average (GBX 2,855.25) and last traded at GBX 3,175.37 (intraday high GBX 3,199), up about 1.0% on heavy volume.
  • Analyst stance remains cautious: Deutsche Bank trimmed its target to GBX 2,950 with a "hold" and the consensus rating is "Hold" with an average price target of GBX 2,928.80, well below the current share price.
  • Company fundamentals & risks: The utility has a market cap of £9.56bn and a P/E of 30.3 but a very high debt-to-equity ratio (601.64); it benefits from a regulated, inflation-linked dividend model that provides multi-year revenue visibility.
  • MarketBeat previews the top five stocks to own by June 1st.

Severn Trent PLC (LON:SVT - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,855.25 and traded as high as GBX 3,199. Severn Trent shares last traded at GBX 3,175.37, with a volume of 162,957,203 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Severn Trent from GBX 3,000 to GBX 2,950 and set a "hold" rating on the stock in a research note on Monday, January 19th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Severn Trent has an average rating of "Hold" and an average price target of GBX 2,928.80.

Check Out Our Latest Report on SVT

Severn Trent Stock Up 1.0%

The company has a market cap of £9.56 billion, a price-to-earnings ratio of 30.30, a P/E/G ratio of 4.69 and a beta of 0.56. The company has a debt-to-equity ratio of 601.64, a current ratio of 1.43 and a quick ratio of 0.73. The firm has a 50-day moving average price of GBX 3,078.05 and a 200 day moving average price of GBX 2,855.25.

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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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.

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