Severn Trent (LON:SVT) Trading 5.7% Higher – What’s Next?

Severn Trent PLC (LON:SVT) shares rose 5.7% during trading on Friday . The stock traded as high as GBX 2,713 ($34.98) and last traded at GBX 2,690.28 ($34.69). Approximately 918,585 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 2,804,337 shares. The stock had previously closed at GBX 2,545 ($32.82).

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Severn Trent in a research note on Thursday, March 6th. Deutsche Bank Aktiengesellschaft lowered their price objective on Severn Trent from GBX 2,700 ($34.82) to GBX 2,600 ($33.53) and set a “hold” rating for the company in a research report on Thursday, March 6th.

Severn Trent Trading Down 2.9 %

The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. The firm’s 50 day moving average price is GBX 2,474.02 and its 200 day moving average price is GBX 2,555.73. The stock has a market capitalization of £7.81 billion, a P/E ratio of 43.65, a P/E/G ratio of 4.69 and a beta of 0.38.

About Severn Trent

As one of Britain’s largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they’ve finished with it, we take it away again then clean and treat it before returning it safely back to the environment.

We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long term asset growth and an inflation-linked dividend.