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

Key Points

• Severn Trent PLC's stock price has recently crossed above its 200-day moving average of GBX 2,641.37, reaching a high of GBX 2,671 during trading.
• Analysts have issued mixed ratings for Severn Trent, with an average rating of "Hold" and a price target of GBX 2,865, alongside Barclays raising their target to GBX 3,385.
• The company is currently valued at £8.00 billion and has reported recent insider transactions, including significant sales of shares by company insiders.

Severn Trent PLC (LON:SVT - Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,641.37 ($35.27) and traded as high as GBX 2,671 ($35.67). Severn Trent shares last traded at GBX 2,658 ($35.50), with a volume of 1,219,838 shares trading hands.

Analyst Ratings Changes

Several analysts have issued reports on SVT shares. Jefferies Financial Group restated a "hold" rating and set a GBX 2,610 price target on shares of Severn Trent in a research report on Wednesday, October 1st. Barclays upped their price target on shares of Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an "equal weight" rating in a research report on Wednesday, August 20th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of GBX 2,865.

Severn Trent Trading Up 0.9%

The company has a market capitalization of £8.00 billion, a P/E ratio of 3,479.06, a P/E/G ratio of 4.69 and a beta of 0.38. The stock's 50 day moving average is GBX 2,583.36 and its 200-day moving average is GBX 2,641.37. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73.

Insider Transactions at Severn Trent

In related 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 value 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. 0.29% of the stock is owned by corporate insiders.

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.

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