Severn Trent Plc -1.5% potential downside indicated by JP Morgan Cazenove

Broker Ratings

Severn Trent Plc with ticker (LON:SVT) now has a potential downside of -1.5% according to JP Morgan Cazenove.

JP Morgan Cazenove set a target price of 2,600 GBX for the company, which when compared to the Severn Trent Plc share price of 2,639 GBX at opening today (21/10/2021) indicates a potential downside of -1.5%. Trading has ranged between 2,148 (52 week low) and 2,930 (52 week high) with an average of 628,347 shares exchanging hands daily. The market capitalisation at the time of writing is £6,561,678,234.

Severn Trent Plc treats and provides water and removes wastewater in the United Kingdom and internationally. It provides solutions through two businesses: Regulated Water and Waste Water, and Severn Trent Business Services. The Company’s Regulated Water and Waste Water business includes the wholesale water and waste water activities. Its regulated water and waste water business focuses on wholesale operations and engineering, and household customer services. Its Severn Trent Business Services focuses on bioresources, green power, operating services and property development. Bioresources includes the sludge treatment and related renewable energy generating activities within Severn Trent Water. Business Services, through Severn Trent Green Power, generates renewable energy from anaerobic digestion, crop, hydropower, wind turbines and solar technology.

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