JPMorgan Chase & Co. Reiterates “Overweight” Rating for Severn Trent (LON:SVT)

Severn Trent (LON:SVT)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a report issued on Thursday, Marketbeat Ratings reports.

Severn Trent Price Performance

Shares of LON:SVT opened at GBX 2,393 ($30.93) on Thursday. The firm has a 50 day moving average of GBX 2,459.59 and a 200-day moving average of GBX 2,561.02. The stock has a market capitalization of £7.14 billion, a PE ratio of 39.94, a PEG ratio of 4.69 and a beta of 0.38. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. Severn Trent has a 12 month low of GBX 2,310 ($29.86) and a 12 month high of GBX 2,807 ($36.28).

Severn Trent Company Profile

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.