From MarketBeat:

Shares of Severn Trent PLC crossed above its two hundred day moving average during trading on Thursday, reaching a high of GBX 2,619. It is currently trading at GBX 2,593 with a trading volume of 792,652 shares. Analysts at JPMorgan Chase & Co. downgraded the stock to an “underweight” rating with a target price of GBX 2,450. MarketBeat reports an average stock rating of “Hold” with a price target of GBX 2,964.

Severn Trent is trading up 1.5% with a market capitalization of £7.87 billion and a PE ratio of 6,173.81. It also announced a GBX 46.74 dividend with a dividend yield of 1.76% and a dividend payout ratio (DPR) of 26,428.57%.

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



Read more: Severn Trent (LON:SVT) Stock Crosses Above 200-Day Moving Average of $2,524.91