Severn Trent (LON:SVT) had its price target cut by investment analysts at JPMorgan Chase & Co. from GBX 2,500 ($33.43) to GBX 2,250 ($30.08) in a research note issued on Thursday, December 7th. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 5.24% from the stock’s previous close.
SVT has been the topic of a number of other reports. raised shares of Severn Trent to a “buy” rating and boosted their target price for the stock from GBX 2,160 ($28.88) to GBX 2,300 ($30.75) in a research report on Monday, November 6th. Deutsche Bank reduced their target price on shares of Severn Trent from GBX 2,500 ($33.43) to GBX 2,250 ($30.08) and set a “hold” rating on the stock in a research report on Thursday, August 17th. Credit Suisse Group reissued a “neutral” rating and set a GBX 2,230 ($29.82) target price on shares of Severn Trent in a research report on Thursday, November 2nd. Barclays reissued an “equal weight” rating on shares of Severn Trent in a research report on Tuesday, November 14th. Finally, Macquarie upped their price target on shares of Severn Trent from GBX 2,570 ($34.36) to GBX 2,575 ($34.43) and gave the company an “outperform” rating in a report on Thursday, August 31st. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 2,388.75 ($31.94).
Shares of Severn Trent (SVT) traded down GBX 24 ($0.32) on Thursday, reaching GBX 2,138 ($28.59). 606,549 shares of the company’s stock were exchanged, compared to its average volume of 865,486. The firm has a market capitalization of $5,110.00 and a PE ratio of 1,738.21. Severn Trent has a one year low of GBX 2,041.50 ($27.30) and a one year high of GBX 2,575 ($34.43).
Severn Trent (LON:SVT) last released its earnings results on Thursday, November 23rd. The company reported GBX 65.90 ($0.88) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of GBX 66 ($0.88) by GBX (0.10) ($0.00). Severn Trent had a net margin of 17.34% and a return on equity of 31.14%. The company had revenue of £850.40 million during the quarter.
Severn Trent Company Profile
Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services.
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