Severn Trent Plc (LON:SVT) insider Philip Remnant bought 569 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The shares were acquired at an average cost of GBX 1,748 ($24.15) per share, with a total value of £9,946.12 ($13,741.53).

Severn Trent Plc (LON SVT) opened at GBX 1,730 ($23.90) on Thursday. Severn Trent Plc has a twelve month low of GBX 1,718.50 ($23.74) and a twelve month high of GBX 2,575 ($35.58). The firm has a market cap of $4,090.00 and a PE ratio of 1,406.50.

Severn Trent (LON:SVT) last released its quarterly earnings results on Thursday, November 23rd. The company reported GBX 65.90 ($0.91) earnings per share for the quarter, missing the consensus estimate of GBX 66 ($0.91) by GBX (0.10) ($0.00). Severn Trent had a return on equity of 31.14% and a net margin of 17.34%. The firm had revenue of £850.40 million for the quarter.

SVT has been the subject of several recent research reports. Goldman Sachs Group initiated coverage on shares of Severn Trent in a research report on Friday, January 26th. They set a “sell” rating and a GBX 1,881 ($25.99) target price for the company. Deutsche Bank restated a “hold” rating and set a GBX 2,200 ($30.40) price target on shares of Severn Trent in a report on Thursday, December 14th. JPMorgan Chase & Co. cut their price target on shares of Severn Trent from GBX 2,500 ($34.54) to GBX 2,250 ($31.09) and set a “neutral” rating on the stock in a report on Thursday, December 7th. Credit Suisse Group restated a “neutral” rating and set a GBX 2,230 ($30.81) price target on shares of Severn Trent in a report on Thursday, November 2nd. Finally, Barclays restated an “equal weight” rating on shares of Severn Trent in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of GBX 2,332.33 ($32.22).

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Severn Trent Company Profile

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.

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