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Home / Momentum / Severn Trent (SVT.L) 17-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Severn Trent (SVT.L) 17-10-19

Will Severn Trent (SVT.L) continue to rise?

 

  • Now trading at 2296p (at time of writing), the share price momentum has been strong.
  • Is this trend your friend?
  • Could this appeal to momentum investors?
  • Whilst the trend has been strong, remember that past patterns are not necessarily an indication of the future.
  • Be mindful of new events and the influence they can have on price action. Check regularly for updates.
  • Shares -0% from 12-month highs; +29% from 12 month lows.

Latest News

19 Sep:  Jefferies International has downgraded its rating on Severn Trent (SVT) to hold (from buy) and reduced the target price to 1920p  (from 2340p).

23 Jul:  Deutsche Bank reiterates its hold rating on Severn Trent (SVT) and increased the target price to 2050p (from 1950p).

17 Jul:  Severn Trent, the Water utility firm, stated that it had made a ‘good’ start to the new year and anticipated a full-year result in line with previous guidance.

02 Jul:  Liv Garfield, CEO, transferred in 18,330 shares in the firm on the 1st July 2019 at a price of 0.00p. This Director currently has 155,679 shares.

02 Jul:  Liv Garfield, CEO, sold 8,646 shares in the firm on the 1st July 2019 at a price of 2035.50p. This Director currently has 147,033 shares.

02 Jul:  Tony Ballance, Director, has transferred in 6,620 shares in the firm on the 1st July 2019 at a price of 0.00p. This Director currently has 47,581 shares.  NOTE: Release of award

02 Jul:  Tony Ballance, Director, sold 3,123 shares in the firm on the 1st July 2019 at a price of 2035.50p. This Director currently has 44,458 shares.  Sold to satisfy tax liabilities.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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