Severn Trent (LON:SVT) Given Hold Rating at Jefferies Financial Group

Jefferies Financial Group reissued their hold rating on shares of Severn Trent (LON:SVT) in a report issued on Wednesday, Marketbeat.com reports. The firm currently has a GBX 2,610 price target on the stock.

Separately, Barclays boosted their price objective on shares of Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an “equal weight” rating in a research report on Wednesday, August 20th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of GBX 2,865.

Severn Trent Price Performance

Severn Trent stock opened at GBX 2,598.98 on Wednesday. The stock has a market cap of £7.82 billion, a price-to-earnings ratio of 3,401.81, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73. Severn Trent has a 1 year low of GBX 2,323 and a 1 year high of GBX 2,807. The firm has a 50-day moving average of GBX 2,588.58 and a two-hundred day moving average of GBX 2,633.29.

Insider Activity at Severn Trent

In related news, insider Helen Miles sold 8,067 shares of the business’s stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of GBX 2,673, for a total transaction of £215,630.91. Also, insider Olivia (Liv) Garfield sold 28,287 shares of the business’s stock in a transaction that occurred on Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total transaction of £756,111.51. Insiders own 0.32% of the company’s stock.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it 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 inflation-linked dividends.