Severn Trent (LON:SVT) Price Target Lowered to GBX 2,600 at Deutsche Bank Aktiengesellschaft

Severn Trent (LON:SVT - Get Free Report) had its target price dropped by research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,700 ($34.90) to GBX 2,600 ($33.61) in a report released on Thursday, Marketbeat reports. The firm currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would indicate a potential upside of 5.65% from the stock's previous close.

Separately, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Severn Trent in a research report on Thursday.

Severn Trent Trading Up 2.8 %

LON SVT traded up GBX 68 ($0.88) on Thursday, reaching GBX 2,461 ($31.81). The company had a trading volume of 440,480 shares, compared to its average volume of 3,591,139. Severn Trent has a 52 week low of GBX 2,310 ($29.86) and a 52 week high of GBX 2,807 ($36.28). The stock's 50 day moving average is GBX 2,459.59 and its 200-day moving average is GBX 2,562.06. The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94. The stock has a market cap of £7.35 billion, a price-to-earnings ratio of 41.08, a PEG ratio of 4.69 and a beta of 0.38.

Severn Trent Company Profile

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.