Severn Trent (LON:SVT) Stock Price Up 5.7% – Here’s What Happened

Severn Trent PLC (LON:SVT)’s share price traded up 5.7% on Thursday . The company traded as high as GBX 2,713 ($35.00) and last traded at GBX 2,690.28 ($34.70). 918,585 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 2,804,337 shares. The stock had previously closed at GBX 2,545 ($32.83).

Analyst Ratings Changes

Several equities research analysts have commented on SVT shares. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Severn Trent in a research report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft lowered their price target on Severn Trent from GBX 2,700 ($34.83) to GBX 2,600 ($33.54) and set a “hold” rating on the stock in a research report on Thursday, March 6th.

Severn Trent Price Performance

The business has a fifty day moving average of GBX 2,474.02 and a two-hundred day moving average of GBX 2,555.78. The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14. The firm has a market capitalization of £7.81 billion, a price-to-earnings ratio of 43.65, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38.

Severn Trent Company Profile

As one of Britain’s largest water companies, we provide over eight million people across our region with fresh, clean drinking water – about two billion litres every day. And when they’ve finished with it, we take it away again then clean and treat it before returning it safely back 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 an inflation-linked dividend.