Severn Trent (LON:SVT)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a note issued to investors on Wednesday.
Other equities analysts have also recently issued reports about the stock. Morgan Stanley decreased their price target on shares of Severn Trent from GBX 2,360 ($32.01) to GBX 2,130 ($28.89) and set an “equal weight” rating for the company in a research note on Tuesday, March 6th. Credit Suisse Group reaffirmed a “neutral” rating and set a GBX 2,220 ($30.11) price target on shares of Severn Trent in a research note on Friday, March 23rd. JPMorgan Chase raised shares of Severn Trent to an “overweight” rating and set a GBX 2,250 ($30.52) price target for the company in a research note on Friday, March 9th. Finally, Goldman Sachs initiated coverage on shares of Severn Trent in a research note on Friday, January 26th. They set a “sell” rating and a GBX 1,881 ($25.52) price target for the company. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. Severn Trent presently has a consensus rating of “Hold” and an average target price of GBX 2,306.22 ($31.28).
Shares of Severn Trent opened at GBX 2,017 ($27.36) on Wednesday, according to Marketbeat.com. Severn Trent has a twelve month low of GBX 1,664 ($22.57) and a twelve month high of GBX 2,575 ($34.93).
Severn Trent Plc operates as a water and sewerage company in the United Kingdom, the United States, 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 4.5 million households and businesses in the Midlands and mid-Wales.
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