Severn Trent Upgraded to Overweight at Barclays Capital (SVT)

Severn Trent (LON: SVT) was upgraded by investment analysts at Barclays Capital to an “overweight” rating in a note issued to investors on Monday. The firm currently has a $26.53 (1765 GBX) target price on the stock.

Severn Trent opened at 1645.9999 on Monday. Severn Trent has a 52-week low of GBX 1497.20 and a 52-week high of GBX 1836.00. The stock’s 50-day moving average is currently GBX 1703.. The company’s market cap is £3.922 billion.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of Severn Trent in a research note to investors on Monday, February 25th. They now have a $22.06 price target on the stock. Separately, analysts at Nomura raised their price target on shares of Severn Trent from $23.62 to $25.83 in a research note to investors on Thursday, February 21st. They now have a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase cut their price target on shares of Severn Trent from $25.25 to $23.84 in a research note to investors on Wednesday, February 13th. They now have a “neutral” rating on the stock.

Severn Trent Plc provides and treats water, and removes waste water in the United Kingdom and internationally.

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