Shares of Severn Trent PLC (LON:SVT – Get Free Report) have been assigned a consensus recommendation of “Hold” from the six research firms that are currently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 2,858.80.
A number of research analysts recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,610 price objective on shares of Severn Trent in a report on Wednesday, October 1st. Citigroup reduced their target price on Severn Trent from GBX 2,875 to GBX 2,849 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 price target on shares of Severn Trent in a report on Monday, October 13th.
Read Our Latest Report on Severn Trent
Severn Trent Trading Down 0.5%
Severn Trent (LON:SVT – Get Free Report) 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%. Research analysts forecast that Severn Trent will post 107.3706004 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Severn Trent news, insider Helen Miles sold 22,000 shares of Severn Trent stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of GBX 2,758, for a total transaction of £606,760. 0.32% of the stock is currently owned by company insiders.
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. The UK’s regulatory model provides a high degree of certainty over five-year periods.
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