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Severn Trent PLC (LON:SVT) stock price target reduced to 2,160.00GBX, issued a report today by HSBC

Yesterday Severn Trent PLC (LON:SVT) traded -0.83% lower at 2,247.00GBX. The company’s 50-day moving average is 2,230.66GBX and its 200-day moving average is 2,338.56GBX. The last closing 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 period. 443,980 shares of the stock traded hands, down from an average trading volume of 936,864

In a report released on 07/07/2017 HSBC reduced the stock price target of Severn Trent PLC (LON:SVT) from 2,200.00GBX to 2,160.00GBX indicating a possible downside of -0.04%.

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

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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 HSBC reporting its stock price target, a total of 15 brokers have issued a report on the company. The average stock price target is 2,150.13GBX with 1 broker rating the stock a strong buy, 2 brokers rating the stock a buy, 9 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information 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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