Severn Trent (LON:SVT) Stock Passes Above 200-Day Moving Average – What’s Next?

Shares of Severn Trent PLC (LON:SVT) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,690.25 and traded as high as GBX 2,809. Severn Trent shares last traded at GBX 2,748, with a volume of 490,206 shares traded.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Citigroup cut their price target 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 reissued 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 note on Wednesday, October 1st. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 2,858.80.

Severn Trent Trading Up 0.4%

The stock has a market capitalization of £8.31 billion, a P/E ratio of 26.33, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The stock’s fifty day moving average price is GBX 2,779.36 and its two-hundred day moving average price is GBX 2,690.25. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94.

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%. Equities research analysts forecast that Severn Trent PLC will post 107.3706004 EPS for the current year.

Insider Buying and Selling at Severn Trent

In related news, insider Helen Miles sold 22,000 shares of the stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of GBX 2,758, for a total transaction of £606,760. Company 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. The UK’s regulatory model provides a high degree of certainty over five-year periods.