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

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

Severn Trent Price Performance

LON SVT traded down GBX 29 ($0.37) during trading on Thursday, hitting GBX 2,370 ($30.55). 543,276 shares of the company’s stock were exchanged, compared to its average volume of 1,831,054. The company has a market cap of £7.08 billion, a PE ratio of 39.56, a P/E/G ratio of 4.69 and a beta of 0.38. The company has a current ratio of 2.14, a quick ratio of 0.73 and a debt-to-equity ratio of 450.94. Severn Trent has a fifty-two week low of GBX 2,310 ($29.78) and a fifty-two week high of GBX 2,807 ($36.18). The stock’s 50 day moving average price is GBX 2,465.43 and its two-hundred day moving average price is GBX 2,563.53.

Severn Trent Company Profile

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.