JPMorgan Chase & Co. Reaffirms Neutral Rating on Severn Trent (LON:SVT)

Severn Trent (LON:SVT – Get Free Report)Equity analysts at JPMorgan Chase & Co. reaffirmed a “neutral” rating on the company’s stock in a report published on Friday, MarketBeat reports.

SVT has been the subject of numerous other reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX2,880 ($36.43) price target on shares of Severn Trent in a report on Thursday, April 11. Morgan Stanley reaffirmed an “overweight” rating on shares of Severn Trent in a research note on Tuesday, May 14.

Read our latest research report on SVT

Severn Trent shares rise 1.2%

SVT opened at 2,459 GBX ($31.10) on Friday. Severn Trent has a yearly low of 2,243 GBX ($28.37) and a yearly high of 2,761 GBX ($34.92). The company’s 50-day simple moving average is 2,473.81 GBX, and its two-hundred-day simple moving average is 2,509.15 GBX. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.56. The company has a market capitalization of £7.35 billion, a P/E ratio of 4,831.37, a PEG ratio of 4.69 and a beta of 0.39.

Buying and selling confidential information

In other Severn Trent news, insider Helen Miles sold 2,852 shares of the company’s stock in a transaction dated Monday, June 10. The shares were sold at an average price of GBP2,413 ($30.52), bringing the total transaction value to GBP68,818.76 ($87,046.24). 0.24% of the stock is currently owned by insiders.

Severn Trent Company Profile

(Download the free report)

Severn Trent PLC operates as a water and wastewater company in England and Wales. It operates in two segments: Regulated Water and Waste Water and Business Services. The Regulated Water and Waste Water segment provides water and wastewater services to approximately 4.8 million homes and businesses.

Severn Trent shares rise 1.2%

Buying and selling confidential information

Severn Trent Company Profile

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