Severn Trent (LON:SVT) Trading Up 5.7% - What's Next?

Severn Trent PLC (LON:SVT - Get Free Report) shares were up 5.7% on Friday . The company traded as high as GBX 2,713 ($34.67) and last traded at GBX 2,690.28 ($34.38). Approximately 918,585 shares traded 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 ($32.52).

Analyst Upgrades and Downgrades

SVT has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reduced their target price on Severn Trent from GBX 2,700 ($34.50) to GBX 2,600 ($33.22) and set a "hold" rating for the company in a research note on Thursday, March 6th. JPMorgan Chase & Co. reaffirmed an "overweight" rating on shares of Severn Trent in a report on Thursday, March 6th.

Severn Trent Price Performance

The firm has a 50-day simple moving average of GBX 2,475.70 and a two-hundred day simple moving average of GBX 2,549.77. The company has a market capitalization of £7.43 billion, a price-to-earnings ratio of 41.51, a P/E/G ratio of 4.69 and a beta of 0.38. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94.

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.