Trade Report: Today: Severn Trent Plc (SVT) Receives Underperform Rating from BNP Paribas

Today: Severn Trent Plc (SVT) Receives Underperform Rating from BNP Paribas

BNP Paribas reaffirmed their underperform rating on shares of Severn Trent Plc (LON:SVT) in a research report report published on Friday. BNP Paribas currently has a GBX 2,000 ($24.99) price objective on the stock.

Several other research firms have also recently weighed in on SVT. Royal Bank Of Canada cut shares of Severn Trent Plc to an underperform rating and upped their price target for the stock from GBX 2,200 ($27.49) to GBX 2,300 ($28.74) in a report on Wednesday, October 5th. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 2,450 ($30.61) price target on shares of Severn Trent Plc in a report on Wednesday, September 7th. Credit Suisse Group AG reaffirmed an underperform rating and issued a GBX 2,100 ($26.24) price target on shares of Severn Trent Plc in a report on Thursday, September 8th. Investec reaffirmed a buy rating on shares of Severn Trent Plc in a report on Wednesday, October 19th. Finally, HSBC upped their price target on shares of Severn Trent Plc from GBX 2,250 ($28.11) to GBX 2,330 ($29.11) and gave the stock a hold rating in a report on Wednesday, November 23rd. 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 company currently has a consensus rating of Hold and a consensus price target of GBX 2,198.44 ($27.47).

Severn Trent Plc (LON:SVT) opened at 2237.00 on Friday. 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 5.26 billion. The company’s 50-day moving average price is GBX 2,270.08 and its 200 day moving average price is GBX 2,343.77.

The company also recently disclosed a dividend, which will be paid on Friday, January 6th. Stockholders of record on Thursday, December 1st will be paid a dividend of GBX 32.60 ($0.41) per share. This represents a dividend yield of 1.48%. The ex-dividend date is Thursday, December 1st.

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