Severn Trent Plc 18.8% potential upside indicated by Jefferies

Severn Trent Plc with ticker (LON:SVT) now has a potential upside of 18.8% according to Jefferies.



Jefferies set a target price of 2,880 GBX for the company, which when compared to the Severn Trent Plc share price of 2,424 GBX at opening today (19/04/2024) indicates a potential upside of 18.8%. Trading has ranged between 2,243 (52 week low) and 2,979 (52 week high) with an average of 671,063 shares exchanging hands daily. The market capitalisation at the time of writing is £7,300,957,770.

Severn Trent Plc is a United Kingdom-based holding company of Severn Trent Water Limited (STWL) and the ultimate holding company of Severn Trent Utilities Finance Plc (STUF). The Company provides water and waste water services. The Company operates through two divisions: Regulated Water and Waste Water, and Severn Trent Business Services. Regulated Water and Waste Water division includes the wholesale water and waste water activities of the Company’s regulated businesses, STWL and Hafren Dyfrdwy and its retail services to domestic customers. Severn Trent Business Services division is focused on Green Power, Operating Services and Property Development in the United Kingdom. STWL provide water and waste services to more than 4.5 million homes and businesses in the Midlands, from the outskirts of Bristol to the southern suburbs of Sheffield. Hafren Dyfrdwy serves 87,000 water and 22,000 waste customers in Powys, Wrexham, and parts of Flintshire, Denbighshire and Montgomeryshire.