Todays Report: Today, Severn Trent Plc (SVT) Stock Rating Reaffirm by Deutsche Bank AG

Today, Severn Trent Plc (SVT) Stock Rating Reaffirm by Deutsche Bank AG

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

SVT has been the subject of a number of other research reports. Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 2,100 ($26.05) price target on shares of Severn Trent Plc in a report on Friday, August 26th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a GBX 2,450 ($30.39) price target on shares of Severn Trent Plc in a report on Wednesday, September 7th. Investec reissued a “buy” rating on shares of Severn Trent Plc in a research note on Wednesday, October 19th. Royal Bank Of Canada downgraded shares of Severn Trent Plc to an “underperform” rating and increased their price objective for the company from GBX 2,200 ($27.29) to GBX 2,300 ($28.53) in a research note on Wednesday, October 5th. Finally, HSBC increased their price objective on shares of Severn Trent Plc from GBX 2,250 ($27.91) to GBX 2,330 ($28.90) and gave the company a “hold” rating in a research note on Wednesday, November 23rd. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. Severn Trent Plc has an average rating of “Hold” and an average price target of GBX 2,201.64 ($27.31).

Severn Trent Plc (LON:SVT) opened at 2207.00 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 stock’s 50 day moving average is GBX 2,264.69 and its 200-day moving average is GBX 2,345.09. The company’s market capitalization is GBX 5.19 billion.

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

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