JPMorgan Chase & Co. Reiterates Overweight Rating for Severn Trent (LON:SVT)

Severn Trent (LON:SVT)‘s stock had its “overweight” rating reaffirmed by equities research analysts at JPMorgan Chase & Co. in a research note issued on Thursday,Digital Look reports.

Severn Trent Price Performance

Shares of LON:SVT traded down GBX 29 ($0.37) during trading on Thursday, reaching GBX 2,370 ($30.55). 543,276 shares of the company traded hands, compared to its average volume of 1,831,054. The firm has a market capitalization of £7.08 billion, a PE ratio of 39.56, a PEG ratio of 4.69 and a beta of 0.38. Severn Trent has a 52 week low of GBX 2,310 ($29.78) and a 52 week high of GBX 2,807 ($36.18). 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 company’s 50 day moving average is GBX 2,465.43 and its two-hundred day moving average is GBX 2,563.53.

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.