Rating Action: Severn Trent (LON:SVT) Stock Hold Rating Reconfirmed at HSBC; The Price Objective Given is GBX 2330.00

November 23, 2016 - By Hazel Jackson

Severn Trent (LON:SVT) Rating

They currently have a GBX 2330.00 target price on Severn Trent (LON:SVT). HSBC’s target would suggest a potential upside of 2.55% from the company’s previous stock close. This was disclosed to clients in analysts note on Wednesday morning.

Severn Trent Plc (LON:SVT) Ratings Coverage

Out of 16 analysts covering Severn Trent PLC (LON:SVT), 4 rate it a “Buy”, 3 “Sell”, while 9 “Hold”. This means 25% are positive. GBX 2650 is the highest target while GBX 1000 is the lowest. The GBX 2153.08 average target is -5.03% below today’s (GBX 2267) stock price. Severn Trent PLC has been the topic of 74 analyst reports since July 24, 2015 according to StockzIntelligence Inc. As per Thursday, September 10, the company rating was maintained by Societe Generale. The firm has “Buy” rating given on Friday, June 24 by Deutsche Bank. The firm earned “Underperform” rating on Thursday, September 8 by Credit Suisse. The company was maintained on Monday, December 7 by Bernstein. The firm has “Hold” rating by HSBC given on Monday, October 19. The firm has “Market Perform” rating by Bernstein given on Friday, October 2. The stock has “Neutral” rating given by JP Morgan on Wednesday, September 7. The firm has “Buy” rating by Deutsche Bank given on Friday, November 20. Morgan Stanley maintained Severn Trent Plc (LON:SVT) rating on Thursday, November 26. Morgan Stanley has “Underwt/Cautious” rating and GBX 2045 price target. The stock of Severn Trent Plc (LON:SVT) earned “Buy” rating by Beaufort Securities on Thursday, July 21.

About 296,642 shares traded hands. Severn Trent Plc (LON:SVT) has risen 2.26% since April 25, 2016 and is uptrending. It has underperformed by 3.07% the S&P500.

Insitutional Activity: The institutional sentiment increased to 1 in Q2 2016. Its up 0.75, from 0.25 in 2016Q1. The ratio improved, as 1 funds sold all Severn Trent Plc shares owned while 3 reduced positions. 0 funds bought stakes while 1 increased positions. They now own 329,195 shares or 1.10% less from 332,870 shares in 2016Q1.

James Invest Rech holds 1,901 shares or 0% of its portfolio. Vanguard Group last reported 0% of its portfolio in the stock. Morgan Stanley accumulated 6,850 shares or 0% of the stock. Tower Research Lc (Trc) holds 538 shares or 0% of its portfolio. The Texas-based Dimensional Fund L P has invested 0% in Severn Trent Plc (LON:SVT). Blackrock Fund Advsr reported 113 shares or 0% of all its holdings. State Bank Of America Corp De last reported 0% of its portfolio in the stock. Fmr Ltd Liability Corp accumulated 0% or 163,256 shares. Grt Cap Ptnrs Ltd Liability Corporation owns 31,219 shares or 0.08% of their US portfolio. Moreover, California Employees Retirement Systems has 0% invested in Severn Trent Plc (LON:SVT) for 16,553 shares. The Virginia-based Thompson Davis & has invested 0% in Severn Trent Plc (LON:SVT).

Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. The company has a market cap of 5.34 billion GBP. The Firm provides clean water and wastewater services through its businesses, Severn Trent Water and Severn Trent Business Services. It has a 16.24 P/E ratio. It operates through two divisions: Regulated Water and Waste Water, and Business Services.

According to Zacks Investment Research, “Servotronics, Inc. and its subsidiaries design, manufacture and market advanced technology products consisting primarily of control components and consumer products consisting of knives and various types of cutlery.”

SVT Company Profile

Servotronics, Inc., incorporated on October 8, 1972, designs, makes and markets advanced technology products consisting primarily of control components and consumer products consisting of knives and various types of cutlery and other edged products. The Firm operates in two divisions, which include Advanced Technology Group (ATG) and Consumer Products Group (CPG). ATG’s activities primarily involve the design, manufacture and marketing of servo-control components, which include torque motors, control valves and actuators, among others for government, commercial and industrial applications. CPG’s activities involve the design, manufacture and marketing of a range of cutlery products for use by clients and government agencies.

More recent Severn Trent Plc (LON:SVT) news were published by: Moodys.com which released: “Moody’s changes outlook on Severn Trent’s ratings to stable; affirms A3/Baa1 …” on November 04, 2016. Also Fool.Co.Uk published the news titled: “3 Brexit ‘buys’: AstraZeneca plc, Compass Group plc and Severn Trent plc” on July 04, 2016. Fool.Co.Uk‘s news article titled: “Buy National Grid plc, Severn Trent plc, 3i Infrastructure plc & GCP …” with publication date: June 14, 2016 was also an interesting one.

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