Severn Trent (OTCMKTS:STRNY) Cut to Strong Sell at Zacks Research

Zacks Research lowered shares of Severn Trent (OTCMKTS:STRNY) from a hold rating to a strong sell rating in a research note issued to investors on Monday,Zacks.com reports.

A number of other equities analysts also recently weighed in on the stock. Kepler Capital Markets downgraded shares of Severn Trent from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Citigroup upgraded shares of Severn Trent from a “neutral” rating to a “buy” rating in a report on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Severn Trent Stock Performance

Shares of STRNY opened at $42.36 on Monday. Severn Trent has a 1-year low of $33.73 and a 1-year high of $44.83. The company’s fifty day simple moving average is $42.65 and its 200 day simple moving average is $39.63.

About Severn Trent

Severn Trent Plc (OTCMKTS:STRNY) is an integrated water utility company based in Coventry, United Kingdom, specializing in the provision of water supply and wastewater treatment services. As one of the principal regulated water and sewerage companies in England and Wales, it delivers clean drinking water to households and businesses, manages sewer networks, operates sewage treatment works, and maintains extensive water infrastructure across its service regions. Its operations are governed by regulatory frameworks that aim to ensure high standards of water quality, environmental protection, and customer service.

The company traces its origins to the privatization of the regional water authorities in England and Wales in 1989.