Severn Trent (SVT)

Sector:

Utilities

Index:

FTSE 100

2,470.00p
   
  • Change Today:
    -70.00p
  • 52 Week High: 2,975.00
  • 52 Week Low: 2,265.00
  • Currency: UK Pounds
  • Shares Issued: 299.09m
  • Volume: 611,193
  • Market Cap: £7,388m
  • RiskGrade: 109

RBC Capital downgrades Pennon, Severn Trent

By Michele Maatouk

Date: Monday 13 Feb 2023

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets downgraded Pennon and Severn Trent on Monday.
Pennon was cut to 'sector perform' from 'outperform' and the target price maintained at 975p as RBC said the valuation was now more balanced.

"Pennon continues to focus on its environmental performance as the market awaits the outcome of the ongoing investigation," it said.

"We believe the business will continue to be one of the top RoRE performers in the sector, however we downgrade to sector perform on valuation as PNN has recovered some of its underperformance versus peers."

The bank also downgraded Severn Trent to 'sector perform' from 'outperform', lifting the price target to 3,000p from 2,900p, as it said there was less potential for upside at current levels.

"We like SVT as a business and believe that growth coupled with a strong focus on ODIs and the 4* EPA status will position the company well into AMP8," it said.

However, the bank has downgraded the shares "following a recovery in the share price and a lack of visible near-term catalysts".

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Severn Trent Market Data

Currency UK Pounds
Share Price 2,470.00p
Change Today -70.00p
% Change -2.76 %
52 Week High 2,975.00
52 Week Low 2,265.00
Volume 611,193
Shares Issued 299.09m
Market Cap £7,388m
RiskGrade 109

Severn Trent Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.81% below the market average48.81% below the market average48.81% below the market average48.81% below the market average48.81% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
0.23% below the market average0.23% below the market average0.23% below the market average0.23% below the market average0.23% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income
25.85% below the market average25.85% below the market average25.85% below the market average25.85% below the market average25.85% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
91.21% below the market average91.21% below the market average91.21% below the market average91.21% below the market average91.21% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 3
Sell 3
Strong Sell 2
Total 13
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Severn Trent Dividends

  Latest Previous
  Interim Final
Ex-Div 30-Nov-23 01-Jun-23
Paid 10-Jan-24 14-Jul-23
Amount 46.74p 64.09p

Trades for 28-Mar-2024

Time Volume / Share Price
17:41 1,685 @ 2,481.87p
16:58 76 @ 2,472.36p
16:35 364,383 @ 2,470.00p
16:35 2 @ 2,470.00p
16:35 471 @ 2,470.00p

Severn Trent Key Personnel

CEO Olivia (Liv) Garfield
Chair Christine Mary Hodgson
CFO Helen Miles

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