Today, Severn Trent Plc (SVT) Given Neutral Rating at JPMorgan Chase & Co.

Today, Severn Trent Plc (SVT) Given Neutral Rating at JPMorgan Chase & Co.

Severn Trent Plc (LON:SVT)‘s stock had its “neutral” rating reaffirmed by equities researchers at JPMorgan Chase & Co. in a report released on Friday. They presently have a GBX 2,450 ($30.61) price objective on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 10.91% from the stock’s previous close.

A number of other equities analysts also recently commented on the stock. Investec reaffirmed a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, October 19th. Beaufort Securities reissued a “buy” rating on shares of Severn Trent Plc in a research note on Thursday, November 17th. Royal Bank Of Canada downgraded shares of Severn Trent Plc to an “underperform” rating and boosted their price target for the company from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research note on Wednesday, October 5th. Deutsche Bank AG reissued a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, November 16th. Finally, Credit Suisse Group AG reissued an “underperform” rating and issued a GBX 2,100 ($26.24) price target on shares of Severn Trent Plc in a research note on Friday, August 26th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 2,202.28 ($27.51).

Shares of Severn Trent Plc (LON:SVT) opened at 2199.00 on Friday. The firm’s market capitalization is GBX 5.17 billion. Severn Trent Plc has a 52 week low of GBX 2,024.00 and a 52 week high of GBX 2,526.00. The firm has a 50-day moving average of GBX 2,275.65 and a 200 day moving average of GBX 2,344.69.

The company also recently declared a dividend, which will be paid on Friday, January 6th. Shareholders of record on Thursday, December 1st will be issued a dividend of GBX 32.60 ($0.41) per share. This represents a yield of 1.48%. The ex-dividend date of this dividend is Thursday, December 1st.

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