Severn Trent (LON:SVT) Trading Up 5.7% – What’s Next?

Severn Trent PLC (LON:SVT) was up 5.7% during trading 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 traded hands during mid-day trading, a decline of 67% from the average daily volume of 2,804,337 shares. The stock had previously closed at GBX 2,545 ($32.83).

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Severn Trent in a report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Severn Trent from GBX 2,700 ($34.83) to GBX 2,600 ($33.54) and set a “hold” rating for the company in a research note on Thursday, March 6th.

Severn Trent Price Performance

The company has a market cap of £7.81 billion, a PE ratio of 43.65, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The business has a 50 day moving average of GBX 2,474.02 and a 200 day moving average of GBX 2,555.78. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73.

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.