Severn Trent (LON:SVT) had its stock rating reiterated as ‘Buy’ in a report released by analysts at Investec Securities.
Investec Securities today set a target price of 1000 on the company’s stock. According to the analyst this now indicates there is a potential decrease of -57.5% from Severn Trent’s current price of 2353.
Over the last twelve months Severn Trent’s stock price has increased by 8.62% from 2166.27 to 2353.
There are currently 235,121,000 shares in issue with a current share value of 2353 giving Severn Trent a market capitalisation of 5.53B GBp .
Severn Trent (LON:SVT) has a 50 day moving average of 2408.27 and a 200 day moving average of 2338.42. The 52 week high for the share price is 2526 while the 52 week low for the stock is 2024.
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.