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A statement released earlier today by Morgan Stanley about Severn Trent PLC (LON:SVT) bumps the target price to 2,395.00GBX

Severn Trent PLC (LON:SVT) had its target price raised to 2,395.00GBX by Morgan Stanley in a report released 7/07/2017. The new target price indicates a possible upside of 0.09% based on the company's last stock close price.

Previously on 06/30/2017, Credit Suisse reported about Severn Trent PLC (LON:SVT) raised the target price from 2,190.00GBX to 2,230.00GBX. At the time, this indicated a possible downside of -0.02%.

Yesterday Severn Trent PLC (LON:SVT) traded -0.83% lower at 2,202.00GBX. The company’s 50-day moving average is 2,230.66GBX and its 200-day moving average is 2,338.56GBX. The last stock close price is down -3.06% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 443,980 shares of the stock were exchanged, down from an average trading volume of 936,864

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Severn Trent PLC (LON:SVT)

Severn Trent PLC has a 52 week low of 2,047.00GBX and a 52 week high of 2,575.00GBX with a P/E ratio of 15.60 The company’s market cap is currently 0 GBX.

In addition to Morgan Stanley reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is 2,150.13GBX with 1 firm rating the stock a strong buy, 2 firms rating the stock a buy, 9 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Severn Trent PLC (LON:SVT)

Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The Company provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment includes Severn Trent Water Limited's wholesale operations and household retail activities, and related support functions. The Business Services segment includes the Operating Services businesses in the United States, the United Kingdom, Ireland and Italy; its renewable energy business, and Severn Trent Water Limited's non-household retail business. The United Kingdom Operating Services provides contract services to municipal and industrial clients, and the United Kingdom Ministry of Defense (MOD). The United States Operating Services provides contract services to community, municipal and industrial clients.

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