Severn Trent Stock News

It is time to stop buying Severn Trent PLC (LSE:SVT) shares, that's according to investment bank Jefferies, which has downgraded the water utility to 'Hold' after a roughly 10% share-price rise since January, which analysts claim leaves less room for upside against an increasingly uncertain political and regulatory backdrop. Analysts retained a broadly unchanged 3,220p price target, implying an...

Severn Trent PLC (LSE:SVT) has reiterated its guidance for the 2027 financial year, a day after avoiding a financial penalty from Ofwat over what the regulator described as "serious failings" in its handling of drainage and sewage services. The FTSE 100 water company said trading since the start of the financial year had been in line with expectations, with operational and financial performance...