Breaking Finance News

JP Morgan Cazenove announced Severn Trent PLC (LON:SVT), boosting its stock price target to 2,500.00GBX today

In a report released on 5/24/2017 JP Morgan Cazenove increased the stock price target of Severn Trent PLC (LON:SVT) from 2,280.00GBX to 2,500.00GBX reporting a possible downside of -0.01%.

Previously on 5/16/2017, Deutsche Bank released a statement about Severn Trent PLC (LON:SVT) increased the target price from 2,300.00GBX to 2,450.00GBX. At the time, this indicated a possible upside of 0.02%.

Just yesterday Severn Trent PLC (LON:SVT) traded 0.19% higher at 2,518.00GBX. Severn Trent PLC’s 50-day moving average is 2,180.76GBX and its 200-day moving average is 2,291.09GBX. The last stock price is up -9.17% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.01% over the same time period. 95,053 shares of SVT traded hands, down from an average trading volume of 726,805

Recent Performance Chart

Severn Trent PLC (LON:SVT)

Severn Trent PLC has 52 week low of 2,047.00GBX and a 52 week high of 2,575.00GBX with a PE ratio of 14.32 and has a market capitalization of 0 GBX.

In addition to JP Morgan Cazenove reporting its stock price target, a total of 15 brokerages have issued a ratings update on the company. The average stock price target is 2,150.13GBX with 1 brokerage rating the stock a strong buy, 2 brokerages rating the stock a buy, 9 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On 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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