Shares of Severn Trent Plc (OTCMKTS:STRNY – Get Rating) have been assigned an average rating of “Moderate Buy” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $2,903.33.
Several brokerages recently issued reports on STRNY. JPMorgan Chase & Co. upped their price target on shares of Severn Trent from GBX 2,700 ($32.47) to GBX 2,750 ($33.07) in a research report on Tuesday, December 6th. Societe Generale upgraded shares of Severn Trent from a “hold” rating to a “buy” rating in a research report on Monday, January 16th. Finally, Royal Bank of Canada cut Severn Trent from an “outperform” rating to a “sector perform” rating in a report on Monday, February 13th.
Severn Trent Trading Up 1.1 %
Shares of OTCMKTS STRNY opened at $33.75 on Wednesday. The firm’s 50-day simple moving average is $34.00 and its 200 day simple moving average is $32.13. Severn Trent has a 12-month low of $23.25 and a 12-month high of $42.35.
About Severn Trent
Severn Trent Plc engages in the provision of clean water and waste water treatment services and develops renewable energy solutions. It operates through the following segments: Regulated Water & Waste Water and Business Services. The Regulated Water & Waste Water segment includes the wholesale water and waste water activities of Severn Trent Water Limited, its retail services to domestic customers, and Hafren Dyfrdwy Cyfyngedig.
- Get a free copy of the StockNews.com research report on Severn Trent (STRNY)
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