Severn Trent (LON:SVT) Shares Cross Above 200 Day Moving Average of $2,561.89

Shares of Severn Trent PLC (LON:SVTGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,561.89 ($32.56) and traded as high as GBX 2,618 ($33.27). Severn Trent shares last traded at GBX 2,613 ($33.21), with a volume of 840,366 shares traded.

Analyst Ratings Changes

Several equities research analysts have weighed in on SVT shares. Morgan Stanley reiterated an “overweight” rating on shares of Severn Trent in a report on Tuesday, May 14th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 2,880 ($36.60) target price on shares of Severn Trent in a report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of GBX 2,940 ($37.37).

Get Our Latest Analysis on SVT

Severn Trent Trading Down 1.0 %

The stock has a market capitalization of £7.73 billion, a P/E ratio of 6,221.43, a price-to-earnings-growth ratio of 4.69 and a beta of 0.39. The company has a current ratio of 0.88, a quick ratio of 0.73 and a debt-to-equity ratio of 909.57. The company has a 50-day moving average price of GBX 2,504.06 and a 200 day moving average price of GBX 2,561.89.

Severn Trent Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 17th. Stockholders of record on Thursday, May 30th will be given a GBX 70.10 ($0.89) dividend. This represents a dividend yield of 2.68%. This is a positive change from Severn Trent’s previous dividend of $46.74. The ex-dividend date of this dividend is Thursday, May 30th. Severn Trent’s payout ratio is presently 26,428.57%.

Severn Trent Company Profile

(Get Free Report)

Severn Trent PLC operates as a water and sewerage company in England and Wales. It operates through two segments: Regulated Water and Waste Water, and Business Services. The Regulated Water and Waste Water segment offers water and waste water services to approximately 4.8 million households and businesses.

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