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Severn Trent ( (GB:SVT) ) has issued an announcement.
Severn Trent Plc has announced the appointment of James Jesic as the new CEO, succeeding Liv Garfield who will step down at the end of 2025. Jesic, who has been with the company since 2003, is expected to continue the company’s trajectory of sustainable growth and investment, particularly in its water and waste networks across the Midlands. His appointment follows a comprehensive evaluation process, and he is recognized for his operational expertise and leadership within the company. This leadership transition is seen as a strategic move to maintain Severn Trent’s position as a sector leader, with Jesic poised to lead the company into its next phase of growth.
The most recent analyst rating on (GB:SVT) stock is a Hold with a £28.49 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 strong revenue growth and solid operating margins are offset by high leverage and negative free cash flow, posing financial risks. Technical indicators suggest neutral to bearish momentum, while the high P/E ratio indicates potential overvaluation despite an attractive dividend yield.
To see Spark’s full report on GB:SVT stock, click here.
More about Severn Trent
Severn Trent Plc operates in the water and waste management industry, providing water services and waste management solutions primarily across the Midlands. The company focuses on sustainable growth and has been recognized for its environmental performance, receiving a 4-star rating from the Environment Agency.
Average Trading Volume: 510,658
Technical Sentiment Signal: Buy
Current Market Cap: £8.26B
For detailed information about SVT stock, go to TipRanks’ Stock Analysis page.