Severn Trent (LON:SVT) Shares Pass Above 200 Day Moving Average of $2,787.28

Severn Trent PLC (LON:SVT – Get Rating)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,787.28 ($34.92) and traded as high as GBX 2,955 ($37.02). Severn Trent shares last traded at GBX 2,921 ($36.59), with a volume of 278,866 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Barclays restated an “equal weight” rating and issued a GBX 3,280 ($41.09) target price on shares of Severn Trent in a report on Thursday, February 9th. Royal Bank of Canada cut shares of Severn Trent to a “sector perform” rating and lifted their target price for the stock from GBX 2,900 ($36.33) to GBX 3,000 ($37.58) in a research note on Monday, February 13th.

Severn Trent Stock Performance

The stock’s 50 day moving average price is GBX 2,884.50 and its 200 day moving average price is GBX 2,787.28. The company has a market cap of £7.35 billion, a price-to-earnings ratio of 4,233.33, a P/E/G ratio of 4.90 and a beta of 0.47. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 589.86.

Insider Buying and Selling at Severn Trent

In other news, insider Sarah Legg sold 750 shares of the company’s stock in a transaction on Friday, March 24th. The stock was sold at an average price of GBX 2,829 ($35.44), for a total transaction of £21,217.50 ($26,578.35). 0.35% of the stock is owned by company insiders.

About Severn Trent

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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.