Severn Trent (LON:SVT) Earns Overweight Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their overweight rating on shares of Severn Trent (LON:SVT) in a report released on Thursday morning, MarketBeat reports.

Severn Trent Trading Up 0.1 %

LON:SVT opened at GBX 2,372 ($30.57) on Thursday. Severn Trent has a 52 week low of GBX 2,310 ($29.77) and a 52 week high of GBX 2,807 ($36.17). The firm has a 50 day moving average of GBX 2,462.09 and a 200 day moving average of GBX 2,562.19. The company has a quick ratio of 0.73, a current ratio of 2.14 and a debt-to-equity ratio of 450.94. The stock has a market capitalization of £7.08 billion, a price-to-earnings ratio of 39.59, a PEG ratio of 4.69 and a beta of 0.38.

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.