Severn Trent (LON:SVT) Trading Up 5.7% - Still a Buy?

Shares of Severn Trent PLC (LON:SVT - Get Free Report) rose 5.7% on Thursday . The stock traded as high as GBX 2,713 ($34.53) and last traded at GBX 2,690.28 ($34.24). Approximately 918,585 shares changed hands 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 ($32.40).

Analyst Upgrades and Downgrades

Several brokerages have commented on SVT. Deutsche Bank Aktiengesellschaft dropped their price target on shares of Severn Trent from GBX 2,700 ($34.37) to GBX 2,600 ($33.10) and set a "hold" rating on the stock in a research report on Thursday, March 6th. JPMorgan Chase & Co. reissued an "overweight" rating on shares of Severn Trent in a research note on Thursday, March 6th.

Severn Trent Stock Up 1.9 %

The business's 50 day simple moving average is GBX 2,474.62 and its 200 day simple moving average is GBX 2,554.16. The company has a market capitalization of £7.58 billion, a PE ratio of 42.35, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94.

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.