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

Severn Trent PLC (LON:SVT) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,835.36 and traded as high as GBX 2,993. Severn Trent shares last traded at GBX 2,987, with a volume of 30,190,590 shares changing hands.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft cut their target price on Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating on the stock in a research note on Monday, January 19th. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 2,928.80.

Severn Trent Trading Up 2.3%

The stock has a market capitalization of £8.99 billion, a P/E ratio of 28.50, a price-to-earnings-growth ratio of 4.69 and a beta of 0.56. The business has a 50 day simple moving average of GBX 3,049.28 and a 200-day simple moving average of GBX 2,835.36. The company has a debt-to-equity ratio of 601.64, a quick ratio of 0.73 and a current ratio of 1.43.

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.