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The latest announcement is out from Severn Trent ( (GB:SVT) ).
Severn Trent Plc announced a transaction involving the transfer of ordinary shares by Neil Morrison, a person discharging managerial responsibility (PDMR), to Laurence Morrison, his spouse. This transaction, which involved 4,671 shares at no cost, was conducted outside a trading venue and reflects internal shareholding adjustments within the company. Such transactions are part of routine compliance with UK Market Abuse Regulations, ensuring transparency and accountability in the company’s operations.
The most recent analyst rating on (GB:SVT) stock is a Hold with a £29.60 price target. To see the full list of analyst forecasts on Severn Trent stock, see the GB:SVT Stock Forecast page.
Spark’s Take on GB:SVT Stock
According to Spark, TipRanks’ AI Analyst, GB:SVT is a Neutral.
Severn Trent’s overall stock score is influenced by strong corporate events and strategic initiatives, reflecting positive stakeholder confidence. However, financial vulnerabilities due to high leverage and negative free cash flow, coupled with bearish technical indicators and overvaluation concerns, moderate the score.
To see Spark’s full report on GB:SVT stock, click here.
More about Severn Trent
Severn Trent Plc is a prominent company in the utilities industry, primarily focusing on water and waste management services. The company serves a significant market in the UK, providing essential services to millions of customers.
Average Trading Volume: 608,203
Technical Sentiment Signal: Strong Buy
Current Market Cap: £7.97B
For a thorough assessment of SVT stock, go to TipRanks’ Stock Analysis page.