Shares of Severn Trent Plc (OTCMKTS:STRNY – Get Rating) have earned an average rating of "Hold" from the seven ratings firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $3,040.00.
Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. lowered Severn Trent from a "neutral" rating to an "underweight" rating in a research report on Tuesday, June 28th. Barclays boosted their price target on Severn Trent from GBX 2,560 ($30.93) to GBX 3,280 ($39.63) in a report on Monday, June 27th. HSBC raised Severn Trent from a "hold" rating to a "buy" rating in a report on Tuesday, June 28th. Finally, Credit Suisse Group lifted their target price on Severn Trent from GBX 2,520 ($30.45) to GBX 2,800 ($33.83) in a research note on Friday, May 20th.
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Shares of STRNY stock opened at $33.80 on Wednesday. Severn Trent has a 1-year low of $30.41 and a 1-year high of $42.35. The business has a 50-day moving average of $34.78 and a 200 day moving average of $36.86.
About Severn Trent
(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.
Further Reading
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