Severn Trent (LON:SVT) had its target price trimmed by Deutsche Bank from GBX 2,000 ($26.13) to GBX 1,950 ($25.48) in a research note issued to investors on Thursday morning, ThisIsMoney.Co.Uk reports. The firm currently has a hold rating on the stock.
Several other analysts have also recently issued reports on the stock. Goldman Sachs Group upped their target price on shares of Severn Trent from GBX 1,847 ($24.13) to GBX 1,880 ($24.57) and gave the company a sell rating in a research report on Friday, April 5th. HSBC decreased their target price on shares of Severn Trent from GBX 2,100 ($27.44) to GBX 2,000 ($26.13) and set a hold rating on the stock in a research report on Friday, January 18th. Barclays began coverage on shares of Severn Trent in a research report on Wednesday, January 30th. They set an equal weight rating and a GBX 2,220 ($29.01) target price on the stock. Royal Bank of Canada reissued an outperform rating on shares of Severn Trent in a research report on Wednesday, February 6th. Finally, JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 2,050 ($26.79) price objective (down from GBX 2,200 ($28.75)) on shares of Severn Trent in a research report on Tuesday, April 9th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 2,089.33 ($27.30).
Shares of LON SVT opened at GBX 1,928 ($25.19) on Thursday. The company has a debt-to-equity ratio of 517.43, a quick ratio of 0.61 and a current ratio of 0.62. The stock has a market cap of $4.57 billion and a PE ratio of 17.88. Severn Trent has a 12-month low of GBX 1,758 ($22.97) and a 12-month high of GBX 2,104 ($27.49).
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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