Severn Trent (LON:SVT) Stock Price Crosses Above 200-Day Moving Average – Should You Sell?

Severn Trent PLC (LON:SVT) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,548.35 ($33.36) and traded as high as GBX 2,615 ($34.23). Severn Trent shares last traded at GBX 2,586 ($33.85), with a volume of 881,206 shares changing hands.

Analysts Set New Price Targets

SVT has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lowered their price objective on Severn Trent from GBX 2,700 ($35.34) to GBX 2,600 ($34.03) and set a “hold” rating on the stock in a research report on Thursday, March 6th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Severn Trent in a report on Thursday, March 6th.

Severn Trent Price Performance

The stock has a market capitalization of £7.72 billion, a PE ratio of 43.16, a PEG ratio of 4.69 and a beta of 0.38. The firm’s fifty day moving average price is GBX 2,478.84 and its two-hundred day moving average price is GBX 2,548.35. The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94.

About Severn Trent

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.