Shares of Severn Trent PLC (LON:SVT - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 2,559.18 ($34.06) and traded as high as GBX 2,648 ($35.24). Severn Trent shares last traded at GBX 2,638 ($35.11), with a volume of 435,823 shares trading hands.
Analyst Ratings Changes
Several analysts have weighed in on the stock. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Severn Trent in a research note on Thursday, March 6th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Severn Trent from GBX 2,700 ($35.93) to GBX 2,600 ($34.60) and set a "hold" rating for the company in a research note on Thursday, March 6th.
Read Our Latest Stock Report on Severn Trent
Severn Trent Trading Up 0.3%
The firm's 50 day simple moving average is GBX 2,599.90 and its two-hundred day simple moving average is GBX 2,559.18. The stock has a market cap of £7.90 billion, a P/E ratio of 44.18, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94.
Severn Trent Company Profile
(
Get Free Report)
As one of Britain's largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they've finished with it, we take it away again then clean and treat it before returning it safely back 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 an inflation-linked dividend.
See Also
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.
Before you consider Severn Trent, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Severn Trent wasn't on the list.
While Severn Trent currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
