Deutsche Bank Aktiengesellschaft Issues Pessimistic Forecast for Severn Trent (LON:SVT) Stock Price

Severn Trent (LON:SVT) had its price target reduced by Deutsche Bank Aktiengesellschaft from GBX 2,700 ($34.90) to GBX 2,600 ($33.60) in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target indicates a potential upside of 8.65% from the company’s previous close.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Severn Trent in a report on Thursday.

Severn Trent Stock Up 1.0 %

Shares of SVT opened at GBX 2,393 ($30.93) on Thursday. The stock has a market capitalization of £7.14 billion, a price-to-earnings ratio of 39.94, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. Severn Trent has a 1 year low of GBX 2,310 ($29.86) and a 1 year high of GBX 2,807 ($36.28). The business’s 50 day simple moving average is GBX 2,459.59 and its 200-day simple moving average is GBX 2,561.02. The company has a debt-to-equity ratio of 450.94, a current ratio of 2.14 and a quick ratio of 0.73.

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.