Severn Trent (LON:SVT) Shares Up 5.7% – Should You Buy?

Severn Trent PLC (LON:SVT)’s stock price rose 5.7% during mid-day trading on Thursday . The stock traded as high as GBX 2,713 ($35.55) and last traded at GBX 2,690.28 ($35.25). Approximately 918,585 shares were traded during trading, a decline of 67% from the average daily volume of 2,804,337 shares. The stock had previously closed at GBX 2,545 ($33.35).

Wall Street Analyst Weigh In

Several research analysts have commented on SVT shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Severn Trent in a report on Thursday, March 6th. Deutsche Bank Aktiengesellschaft dropped their price target on Severn Trent from GBX 2,700 ($35.38) to GBX 2,600 ($34.07) and set a “hold” rating on the stock in a research note on Thursday, March 6th.

Severn Trent Stock Up 5.7 %

The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. The stock has a market capitalization of £8.03 billion, a P/E ratio of 44.90, a P/E/G ratio of 4.69 and a beta of 0.38. The stock’s 50-day moving average price is GBX 2,465.93 and its two-hundred day moving average price is GBX 2,554.43.

About Severn Trent

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.