Deutsche Bank Aktiengesellschaft Lowers Severn Trent (LON:SVT) Price Target to GBX 2,600

Severn Trent (LON:SVT) had its price objective lowered by equities researchers at Deutsche Bank Aktiengesellschaft from GBX 2,700 ($34.90) to GBX 2,600 ($33.60) in a note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 8.65% from the stock’s previous close.

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Severn Trent in a research note on Thursday.

Severn Trent Trading Up 1.0 %

Shares of LON:SVT opened at GBX 2,393 ($30.93) on Thursday. The stock has a 50 day moving average of GBX 2,459.59 and a 200 day moving average of GBX 2,561.02. The company has a market cap of £7.14 billion, a PE ratio of 39.94, a price-to-earnings-growth 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).

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.