Severn Trent (LON:SVT) Shares Cross Above 200-Day Moving Average – Time to Sell?

Severn Trent PLC (LON:SVT) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,678.36 and traded as high as GBX 2,804. Severn Trent shares last traded at GBX 2,769, with a volume of 2,150,426 shares traded.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SVT. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 price target on shares of Severn Trent in a research note on Monday, October 13th. Barclays raised their target price on Severn Trent from GBX 2,960 to GBX 3,385 and gave the stock an “equal weight” rating in a report on Wednesday, August 20th. Citigroup cut their price target on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a report on Monday, November 3rd. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 2,610 price target on shares of Severn Trent in a research report on Wednesday, October 1st. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 2,858.80.

Severn Trent Stock Performance

The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. The company has a market cap of £8.34 billion, a PE ratio of 26.42, a PEG ratio of 4.69 and a beta of 0.38. The business’s 50 day moving average is GBX 2,742.47 and its two-hundred day moving average is GBX 2,678.36.

Severn Trent (LON:SVT) last issued its earnings results on Wednesday, November 19th. The company reported GBX 101 EPS for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. On average, equities research analysts anticipate that Severn Trent PLC will post 107.3706004 EPS for the current year.

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.