Severn Trent PLC (OTCMKTS:STRNY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Severn Trent PLC (OTCMKTS:STRNY) have been given a consensus rating of “Hold” by the eight research firms that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have given a buy recommendation to the company.

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised shares of Severn Trent from an “underweight” rating to a “neutral” rating in a research note on Wednesday, October 4th. Morgan Stanley cut their price target on shares of Severn Trent from GBX 3,160 ($38.45) to GBX 3,100 ($37.72) in a report on Wednesday, August 16th. Barclays upgraded shares of Severn Trent from an “equal weight” rating to an “overweight” rating in a report on Thursday, September 28th. Citigroup lowered shares of Severn Trent from a “neutral” rating to a “sell” rating in a report on Tuesday, September 12th. Finally, Societe Generale lowered shares of Severn Trent from a “buy” rating to a “hold” rating in a report on Wednesday, July 19th.

Severn Trent Price Performance

STRNY stock opened at $32.82 on Wednesday. Severn Trent has a 12 month low of $27.39 and a 12 month high of $38.46. The firm has a 50 day simple moving average of $30.28 and a 200 day simple moving average of $32.74.

About Severn Trent

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through 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.