Severn Trent (LON:SVT) Insider Helen Miles Sells 22,000 Shares

Severn Trent PLC (LON:SVT) insider Helen Miles sold 22,000 shares of the firm’s stock in a transaction on Thursday, December 18th. The stock was sold at an average price of GBX 2,758, for a total value of £606,760.

Severn Trent Trading Down 0.5%

Shares of LON:SVT opened at GBX 2,743 on Tuesday. The business’s 50-day moving average is GBX 2,769.55 and its 200 day moving average is GBX 2,679.61. Severn Trent PLC has a 1 year low of GBX 2,323 and a 1 year high of GBX 2,858. The firm has a market capitalization of £8.26 billion, a P/E ratio of 26.17, a P/E/G 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 (LON:SVT) last issued its quarterly earnings results on Wednesday, November 19th. The company reported GBX 101 earnings per share for the quarter. Severn Trent had a return on equity of 10.40% and a net margin of 6.00%. On average, research analysts predict that Severn Trent PLC will post 107.3706004 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Citigroup lowered their price objective on shares of Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating for the company in a research note on Monday, November 3rd. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,850 target price on shares of Severn Trent in a research note on Monday, October 13th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,610 price target on shares of Severn Trent in a research report on Wednesday, October 1st. One research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of GBX 2,858.80.

Severn Trent Company Profile

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. The UK’s regulatory model provides a high degree of certainty over five-year periods.