Severn Trent (LON:SVT) Sets New 12-Month High - Here's What Happened

Severn Trent PLC (LON:SVT - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 2,858 and last traded at GBX 2,846, with a volume of 2673137 shares. The stock had previously closed at GBX 2,808.Analyst Upgrades and DowngradesSeveral equities analysts recently weighed in on the company. Barclays lifted their target price on Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an "equal weight" rating in a research report on Wednesday, August 20th. Jefferies Financial Group reaffirmed a "hold" rating and issued a GBX 2,610 price objective on shares of Severn Trent in a research note on Wednesday, October 1st. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 2,850 price objective on shares of Severn Trent in a research report on Monday, October 13th. Finally, Citigroup reduced their target price on shares of Severn Trent from GBX 2,875 to GBX 2,849 and set a "neutral" rating for the company in a report on Monday, November 3rd. One analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Severn Trent currently has a consensus rating of "Hold" and a consensus price target of GBX 2,858.80.Check Out Our Latest Stock Analysis on SVTSevern Trent Price PerformanceThe company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94. The firm's fifty day moving average price is GBX 2,698.05 and its 200 day moving average price is GBX 2,668.89. The stock has a market cap of £8.57 billion, a PE ratio of 37.25, a P/E/G ratio of 4.69 and a beta of 0.38. Severn Trent (LON:SVT - Get Free Report) last posted its earnings results on Wednesday, November 19th. The company reported GBX 101 earnings per share for the quarter. Severn Trent had a net margin of 6.00% and a return on equity of 10.40%. As a group, equities analysts expect that Severn Trent PLC will post 107.3706004 EPS for the current fiscal year. Severn Trent Company Profile (Get Free Report)As one of Britain's largest water companies, we supply fresh, clean drinking water to over nine million people across our region - around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it 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 inflation-linked dividends.See AlsoFive stocks we like better than Severn TrentDiversification Can Smooth Returns And Mitigate Portfolio RiskHistory Says These are 3 Stocks to Buy for DecemberShould You Add These Warren Buffett Stocks to Your Portfolio?Warner Bros. Sale Rumors Heat Up: What Investors Need to KnowThere Are Different Types of Stock To Invest InFrom Science Project to Solvent: WeRide’s 761% Revenue SurgeThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Severn Trent Right Now?Before you consider Severn Trent, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Severn Trent wasn't on the list.While Severn Trent currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here