share_log

Severn Trent Plc (OTCMKTS:STRNY) Receives Consensus Recommendation of "Hold" From Brokerages

Defense World ·  Aug 20, 2022 02:31

Severn Trent Plc (OTCMKTS:STRNY – Get Rating) has been assigned an average rating of "Hold" from the seven brokerages that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $3,040.00.

Several research firms have weighed in on STRNY. HSBC upgraded Severn Trent from a "hold" rating to a "buy" rating in a report on Tuesday, June 28th. JPMorgan Chase & Co. lowered Severn Trent from a "neutral" rating to an "underweight" rating in a research note on Tuesday, June 28th. Credit Suisse Group raised their price objective on Severn Trent from GBX 2,520 ($30.45) to GBX 2,800 ($33.83) in a research note on Friday, May 20th. Finally, Barclays raised their price objective on Severn Trent from GBX 2,560 ($30.93) to GBX 3,280 ($39.63) in a research note on Monday, June 27th.

Get Severn Trent alerts:

Severn Trent Stock Performance

OTCMKTS STRNY opened at $35.46 on Friday. The business has a 50 day simple moving average of $35.40 and a two-hundred day simple moving average of $37.54. Severn Trent has a 1-year low of $32.42 and a 1-year high of $42.35.

Severn Trent Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, July 25th. Investors of record on Monday, June 6th were paid a dividend of $0.7229 per share. This represents a dividend yield of 3.31%. The ex-dividend date was Friday, June 3rd.

Severn Trent Company Profile

(Get Rating)

Severn Trent Plc operates as a water and sewerage company in England and Wales. It operates in two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses in the Midlands and Wales.

Recommended Stories

  • Get a free copy of the StockNews.com research report on Severn Trent (STRNY)
  • 2 EV Suppliers Powering To Gains After Raising Views
  • Applied Materials Results Show A Slowing Semiconductor Market
  • MarketBeat: Week in Review 8/15 – 8/19
  • Apple's Stock Could Be On The Verge Of Another 30% Rally
  • Near-Term Headwinds Present An Opportunity In Ross Stores

Receive News & Ratings for Severn Trent Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Severn Trent and related companies with MarketBeat.com's FREE daily email newsletter.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment