Trading Report: Today, Deutsche Bank AG Reaffirmed “Buy” Rating for Severn Trent Plc (SVT)

Today, Deutsche Bank AG Reaffirmed “Buy” Rating for Severn Trent Plc (SVT)

Severn Trent Plc (LON:SVT)‘s stock had its “buy” rating reissued by Deutsche Bank AG in a research note issued to investors on Friday.

Several other research firms have also issued reports on SVT. Credit Suisse Group AG reissued an “underperform” rating and issued a GBX 2,100 ($26.05) target price on shares of Severn Trent Plc in a report on Friday, August 26th. Citigroup Inc. raised shares of Severn Trent Plc to a “neutral” rating in a report on Wednesday, November 16th. Investec reaffirmed a “buy” rating on shares of Severn Trent Plc in a report on Wednesday, October 19th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 2,450 ($30.39) price objective on shares of Severn Trent Plc in a report on Thursday, November 17th. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of Severn Trent Plc in a report on Thursday, November 17th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. Severn Trent Plc has a consensus rating of “Hold” and a consensus target price of GBX 2,201.64 ($27.31).

Severn Trent Plc (LON:SVT) opened at 2203.00 on Friday. 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 has a 50 day moving average of GBX 2,264.69 and a 200 day moving average of GBX 2,345.09. The stock’s market capitalization is GBX 5.18 billion.

The business also recently declared a dividend, which will be paid on Friday, January 6th. Investors of record on Thursday, December 1st will be given a GBX 32.60 ($0.40) dividend. The ex-dividend date of this dividend is Thursday, December 1st. This represents a yield of 1.48%.

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