Severn Trent Plc (OTCMKTS:SVTRF) Receives Average Recommendation of “Hold” from Analysts
Shares of Severn Trent Plc (OTCMKTS:SVTRF) have been given a consensus rating of “Hold” by the six brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company.
SVTRF has been the topic of a number of recent analyst reports. Jefferies Financial Group lowered Severn Trent from a “buy” rating to a “hold” rating in a report on Thursday, September 19th. Deutsche Bank raised Severn Trent from a “hold” rating to a “buy” rating in a research report on Monday, December 16th. Credit Suisse Group downgraded Severn Trent from an “outperform” rating to a “neutral” rating in a research report on Friday, October 18th. Barclays raised Severn Trent from an “equal weight” rating to an “overweight” rating in a research report on Monday, December 16th. Finally, BNP Paribas downgraded Severn Trent from a “neutral” rating to an “underperform” rating in a research report on Thursday, December 5th.
Severn Trent stock remained flat at $$30.10 during mid-day trading on Friday. The company’s 50 day moving average is $29.91 and its two-hundred day moving average is $26.72. Severn Trent has a 1-year low of $22.89 and a 1-year high of $30.10.
Severn Trent Plc operates as a water and sewerage company in the United Kingdom and internationally. The company operates through two segments, Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment provides water and sewerage services to approximately 4.3 million households and businesses in the Midlands and mid-Wales.
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