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
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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.
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