Severn Trent (LON:SVT) Price Target Raised to GBX 3,225 at JPMorgan Chase & Co.

Severn Trent (LON:SVT) had its target price lifted by JPMorgan Chase & Co. from GBX 2,975 to GBX 3,225 in a research report report published on Monday, Marketbeat reports. The firm currently has a neutral rating on the stock.

Separately, Deutsche Bank Aktiengesellschaft dropped their target price on shares of Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating for the company in a research report on Monday, January 19th. Six equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of GBX 2,978.17.

Severn Trent Price Performance

Shares of LON:SVT opened at GBX 3,184 on Monday. The company has a debt-to-equity ratio of 601.64, a quick ratio of 0.73 and a current ratio of 1.43. The firm has a fifty day moving average price of GBX 3,120.31 and a 200 day moving average price of GBX 2,891.99. Severn Trent has a fifty-two week low of GBX 2,381 and a fifty-two week high of GBX 3,295. The firm has a market cap of £9.59 billion, a price-to-earnings ratio of 30.38, a P/E/G ratio of 4.69 and a beta of 0.56.

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.