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

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

JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Severn Trent Plc (LON:SVT) in a research note issued to investors on Friday. They currently have a GBX 2,450 ($30.61) price objective on the stock.

A number of other research firms also recently weighed in on SVT. Deutsche Bank AG reissued a buy rating on shares of Severn Trent Plc in a research report on Friday. Credit Suisse Group AG reissued an underperform rating and set a GBX 2,100 ($26.24) target price 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 report on Wednesday, November 16th. Investec reissued a buy rating on shares of Severn Trent Plc in a research report on Wednesday, October 19th. Finally, Beaufort Securities reissued a buy rating on shares of Severn Trent Plc in a research report on Thursday, November 17th. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 2,198.44 ($27.47).

Severn Trent Plc (LON:SVT) opened at 2232.00 on Friday. The firm’s market capitalization is GBX 5.25 billion. Severn Trent Plc has a one year low of GBX 2,024.00 and a one year high of GBX 2,526.00. The company’s 50-day moving average is GBX 2,270.08 and its 200-day moving average is GBX 2,343.77.

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 ($0.41) dividend. This represents a yield of 1.48%. The ex-dividend date is Thursday, December 1st.

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