Severn Trent (LON:SVT) Trading Up 5.7% – Should You Buy?

Severn Trent PLC (LON:SVT)’s share price traded up 5.7% on Thursday . The stock traded as high as GBX 2,713 ($35.00) and last traded at GBX 2,690.28 ($34.70). 918,585 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 2,804,337 shares. The stock had previously closed at GBX 2,545 ($32.83).

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SVT. Deutsche Bank Aktiengesellschaft cut their target price on Severn Trent from GBX 2,700 ($34.83) to GBX 2,600 ($33.54) and set a “hold” rating on the stock in a research report on Thursday, March 6th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Severn Trent in a report on Thursday, March 6th.

Severn Trent Trading Down 2.9 %

The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. The company has a market cap of £7.81 billion, a PE ratio of 43.65, a P/E/G ratio of 4.69 and a beta of 0.38. The company has a fifty day simple moving average of GBX 2,474.02 and a two-hundred day simple moving average of GBX 2,555.78.

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.