Severn Trent PLC (LON:SVT) Receives Consensus Recommendation of "Reduce" from Brokerages

Key Points

• Analyst sentiment is cautious: Seven brokerages give Severn Trent an average “Reduce” recommendation, comprising one sell and six hold ratings. The average 12-month price target is GBX 6,867.14.
• Insiders have been selling shares: Executives James Jesic and Helen Miles sold shares on July 27, while insiders sold 20,551 shares worth approximately $61.7 million during the quarter.
• Shares trade near recent highs: Severn Trent opened at GBX 3,090, versus a 12-month range of GBX 2,381 to GBX 3,335, with a market capitalization of about £9.33 billion and a P/E ratio of 25.10.

Severn Trent PLC (LON:SVT - Get Free Report) has been given an average recommendation of "Reduce" by the seven research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 6,867.14.

A number of equities research analysts have commented on SVT shares. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 3,220 price target on shares of Severn Trent in a research report on Monday, August 3rd. Royal Bank Of Canada lifted their price objective on Severn Trent from GBX 3,400 to GBX 3,450 and gave the stock a "sector perform" rating in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 3,300 target price on shares of Severn Trent in a report on Thursday, May 21st. UBS Group restated a "sell" rating and set a GBX 2,700 price target on shares of Severn Trent in a report on Monday, May 18th. Finally, Citigroup dropped their price target on shares of Severn Trent from £332.90 to £287.90 and set a "neutral" rating on the stock in a research report on Thursday, June 11th.

Insider Transactions at Severn Trent

In other news, insider James Jesic sold 6,531 shares of the business's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £197,105.58. Also, insider Helen Miles sold 11,240 shares of the firm's stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of GBX 3,018, for a total value of £339,223.20. Over the last quarter, insiders have sold 20,551 shares of company stock valued at $61,672,638. Company insiders own 0.33% of the company's stock.

Severn Trent Stock Performance

Shares of Severn Trent stock opened at GBX 3,090 on Friday. The company has a quick ratio of 0.73, a current ratio of 1.39 and a debt-to-equity ratio of 596.63. Severn Trent has a twelve month low of GBX 2,381 and a twelve month high of GBX 3,335. The stock has a market cap of £9.33 billion, a price-to-earnings ratio of 25.10, a P/E/G ratio of 4.69 and a beta of 0.55. The company's fifty day moving average is GBX 2,988.36 and its 200 day moving average is GBX 3,056.78.

Severn Trent (LON:SVT - Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The company reported GBX 179.80 earnings per share for the quarter. The business had revenue of GBX 283.10 billion during the quarter. Severn Trent had a return on equity of 20.35% and a net margin of 13.10%. Sell-side analysts forecast that Severn Trent will post 107.3706004 EPS for the current year.

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. The UK's regulatory model provides a high degree of certainty over five-year periods.

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