Severn Trent Plc (LON:SVT)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank AG in a report issued on Friday.
Several other research firms 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 research report on Friday, August 26th. Citigroup Inc. raised shares of Severn Trent Plc to a “neutral” rating in a research note on Wednesday, November 16th. Investec reissued a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, October 19th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 2,450 ($30.61) price target on shares of Severn Trent Plc in a research note on Thursday, November 17th. Finally, Beaufort Securities reissued a “buy” rating on shares of Severn Trent Plc in a research note on Thursday, November 17th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 2,198.44 ($27.47).
Shares of Severn Trent Plc (LON:SVT) opened at 2204.00 on Friday. The company’s market capitalization is GBX 5.18 billion. The firm’s 50-day moving average price is GBX 2,275.65 and its 200-day moving average price is GBX 2,344.69. Severn Trent Plc has a 12-month low of GBX 2,024.00 and a 12-month high of GBX 2,526.00.
The firm also recently announced 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. The ex-dividend date of this dividend is Thursday, December 1st. This represents a yield of 1.48%.