Severn Trent (LON:SVT) Shares Cross Above 200 Day Moving Average – What’s Next?
by Doug Wharley · The Cerbat GemSevern Trent PLC (LON:SVT – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2,950.54 and traded as high as GBX 3,215. Severn Trent shares last traded at GBX 3,133, with a volume of 171,118,141 shares.
Analyst Upgrades and Downgrades
A number of research analysts have recently issued reports on SVT shares. JPMorgan Chase & Co. raised their price target on shares of Severn Trent from GBX 2,975 to GBX 3,225 and gave the stock a “neutral” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Severn Trent from GBX 3,000 to GBX 2,950 and set a “hold” rating on the stock in a research report on Monday, January 19th. Six equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of GBX 2,978.17.
Read Our Latest Stock Analysis on Severn Trent
Severn Trent Stock Performance
The stock has a market capitalization of £9.43 billion, a P/E ratio of 29.90, a P/E/G ratio of 4.69 and a beta of 0.56. The company’s 50-day moving average is GBX 3,135.38 and its two-hundred day moving average is GBX 2,950.54. The company has a current ratio of 1.43, a quick ratio of 0.73 and a debt-to-equity ratio of 601.64.
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.