Severn Trent Plc (LON:SVT)‘s stock had its “buy” rating reaffirmed by stock analysts at Deutsche Bank AG in a report issued on Friday.
A number of other research analysts have also weighed in on the company. Investec restated a “buy” rating on shares of Severn Trent Plc in a report on Wednesday, October 19th. Beaufort Securities restated a “buy” rating on shares of Severn Trent Plc in a report on Thursday, November 17th. HSBC raised their price objective on Severn Trent Plc from GBX 2,250 ($27.91) to GBX 2,330 ($28.90) and gave the company a “hold” rating in a report on Wednesday, November 23rd. JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 2,450 ($30.39) price objective on shares of Severn Trent Plc in a report on Thursday, November 17th. Finally, Citigroup Inc. upgraded Severn Trent Plc to a “neutral” rating in a report on Wednesday, November 16th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,201.64 ($27.31).
Severn Trent Plc (LON:SVT) opened at 2219.00 on Friday. The stock has a 50 day moving average of GBX 2,264.69 and a 200-day moving average of GBX 2,345.09. Severn Trent Plc has a 12-month low of GBX 2,024.00 and a 12-month high of GBX 2,526.00. The company’s market capitalization is GBX 5.22 billion.
The business also recently disclosed a dividend, which will be paid on Friday, January 6th. Investors of record on Thursday, December 1st will be issued 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%.