Brokerages Set Severn Trent Plc (SVT) Price Target at $2,096.00

Severn Trent Plc (LON:SVT) has earned a consensus rating of “Hold” from the eight analysts that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 2,096 ($27.39).

Several brokerages recently issued reports on SVT. Royal Bank of Canada reiterated a “top pick” rating and issued a GBX 2,650 ($34.63) price target on shares of Severn Trent in a report on Monday, September 3rd. UBS Group reiterated a “neutral” rating on shares of Severn Trent in a report on Friday, November 23rd. Deutsche Bank reiterated a “hold” rating on shares of Severn Trent in a report on Tuesday, November 13th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Severn Trent in a report on Friday, November 23rd. Finally, Goldman Sachs Group increased their price target on Severn Trent from GBX 1,764 ($23.05) to GBX 1,780 ($23.26) and gave the company a “sell” rating in a report on Monday, September 17th.

Shares of SVT stock traded down GBX 3 ($0.04) on Monday, reaching GBX 1,849.50 ($24.17). 635,300 shares of the stock were exchanged, compared to its average volume of 1,100,000. Severn Trent has a 1-year low of GBX 1,664 ($21.74) and a 1-year high of GBX 2,575 ($33.65).

The business also recently declared a dividend, which will be paid on Friday, January 4th. Investors of record on Thursday, November 29th will be issued a GBX 37.35 ($0.49) dividend. The ex-dividend date of this dividend is Thursday, November 29th. This represents a yield of 1.97%.

Severn Trent Company Profile

Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.

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Analyst Recommendations for Severn Trent (LON:SVT)

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