Severn Trent Plc (LON:SVT)‘s stock had its “underperform” rating reaffirmed by BNP Paribas in a research report issued on Friday. They presently have a GBX 2,000 ($24.99) price objective on the stock. BNP Paribas’ price target would indicate a potential downside of 9.46% from the stock’s previous close.
Several other analysts have also recently weighed in on SVT. Credit Suisse Group AG restated an “underperform” rating and set a GBX 2,100 ($26.24) price target on shares of Severn Trent Plc in a report on Friday, August 26th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 2,450 ($30.61) price objective on shares of Severn Trent Plc in a research note on Wednesday, September 7th. Royal Bank Of Canada lowered Severn Trent Plc to an “underperform” rating and lifted their price objective for the stock from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a research note on Wednesday, October 5th. Investec reaffirmed a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, October 19th. Finally, Deutsche Bank AG reaffirmed a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, November 16th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 2,198.44 ($27.47).
Severn Trent Plc (LON:SVT) opened at 2204.8923 on Friday. The stock’s 50 day moving average is GBX 2,275.65 and its 200 day moving average is GBX 2,344.69. Severn Trent Plc has a 52 week low of GBX 2,024.00 and a 52 week high of GBX 2,526.00. The company’s market capitalization is GBX 5.18 billion.
The company also recently announced a dividend, which will be paid on Friday, January 6th. Stockholders of record on Thursday, December 1st will be given a dividend of GBX 32.60 ($0.41) per share. This represents a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, December 1st.