Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on SEVERN TRENT PLC. We currently have 5 research reports from 1 professional analysts.
|22Feb17 14:06||RNS||Letter to Dee Valley Non-Voting Ord Shareholders|
|15Feb17 11:03||RNS||Scheme Becomes Effective|
|14Feb17 14:37||RNS||Expected Scheme Timetable|
|13Feb17 12:21||RNS||Non-Voting Ord Shares Offer Update and Extension|
|13Feb17 07:00||RNS||No Appeal to Scheme|
|10Feb17 15:24||RNS||Offer Update|
|10Feb17 12:39||RNS||Leave to Appeal Granted|
Frequency of research reports
Research reports on
SEVERN TRENT PLC
SEVERN TRENT PLC
01 Feb 17
"The FOMC’s Monetary Policy Statement, which is due at 19:00hrs GMT, will likely be today’s principal talking point. Not that any change in the discount rate is anticipated, but traders will be listening acutely for any suggestion as to when the first of 2017’s three anticipated hikes might kick-off. This will be particularly sensitive for the US$, which yesterday slid to its lowest level against the international basket since Trump’s election was seen to drive the currency to a 14-year high in November. While there may be some truth in the idea that month-end rebalancing by forex traders somewhat weighed on the Dollar, suggestions from President Trump that Japan and China are devaluing their currencies to boost international trade, while a US trade advisor tells the FT that Germany benefits from a ‘grossly undervalued’ Euro, hints that there are some early signs of panic in the White House. Yet the reality of Trump’s rallying call ‘America First’ is founded on inward looking, reflationary and protectionist policies, which are destined primarily to power the US$ ever upward, and something that even Donald might find he can do very little to stop. The damage inflicted on the Mexican Peso after its government drew swords with the President was a clear warning to all US trading partners, but most particularly China, of troubles ahead. Reflecting on this, the Dow Jones remained yesterday’s main casualty, with the other principal US indices closing with just fractional movements. Catching up following the Lunar New Year break, the Hang Seng fell quite sharply, reflecting also news that China’s Manufacturing PMI fell for the second straight month in January. Elsewhere in Asia, the Nikkei recovered from an early setback to close slightly in the positive, while the ASX gained as commodity plays and financials marginally firmed. Other than the Nationwide Housing Prices index, there is little UK macro data due today, although January Markit Manufacturing PMI figures cover most EU territories, including Great Britain. At 10:00hrs GMT, the European commission is also due to release its Economic Growth Forecasts, while later a large batch of US statistics, including ISM Manufacturing, Construction Spending and Vehicle Sales for January, precede this evening’s Fed decision. UK corporates due to release earnings or trading updates include AG Barr (BAG.L), Low & Bonar (LWB.L) and TalkTalk (TALK.L). With the US$ now trading off yesterday’s lows, London equities are expected to recoup some of yesterday’s losses, with the FTSE-100 seen rising some 30 points during opening business. Investors will also be keeping a weary eye out for reports from the Commons this morning, with as many as 100 MPs reportedly planning to vote against a law to trigger Article 50. " - Barry Gibb, Research Analyst
17 Nov 16
"The Fed's Patrick Harker yesterday spelt out just how complex policy on interest rates has now become. Janet Yellen's own testimony this afternoon, which is seen as key to December's FOMC decision, will have to grapple with all the new uncertainties injected by the President-elect, ranging from regressive tax cuts, booming infrastructure spending, financial deregulation and cuts in federal spending. No easy task, even if the markets appear more convinced than ever that the first hike since 2006 will be delivered next month and that this will be the first of a series of such moves over the subsequent 18 or so months as inflation climbs. The recent phase of asset repricing, nevertheless, took a breather yesterday, with all principal markets making only fractional movements. The Dow Jones broke its record run to drift into the red as financials retrenched, while momentum in technology stocks meant the NASDAQ still managed to close modestly up. Asia also put in just marginal movements across the board, as oil prices went lower on weekly data detailing a large rise in inventories, while the Bank of Japan surprised traders with its plans to buy unlimited JGBs at fixed rates in its latest daily market operation. The latter, of course, being seen as it effort to ensure domestic rates do not find themselves shackled to the US T-bill's upward movements. Today, the UK is due to release retail sales figures while the CML provides mortgage lending data; Eurozone inflation numbers are also expected this morning. Clearly the principal event of the day, however, will be Janet Yellen's Testimony on Capitol Hill which is due to commence at 10:00hrs EST and likely overshadow speeches also due from the Fed's William Dudley and Lael Brainard; the US is due to release inflation, weekly jobless claims and export statistics this afternoon as well. Another busy day for UK corporates, with earnings or trading updates scheduled from the likes of CRH (CRH.L), Great Portland Estates (GPOR.L), Johnson Matthey (JMAT.L), Kier Group (KIER.L), Premier Oil (PMO.L), Royal Mail (RMG.L), Shanks (SKS.L), Ted Baker (TED.L), TT Electronics (TTG.L) and Watkin Jones (WJG.L). The FTSE-100 is expected to open virtually unchanged." - Barry Gibb, Research Analyst
21 Jul 16
Despite overnight markets rising again, Europe is more likely to see Brexit-related issues dominate early trading. The FTSE-100 is seen down around 20 points at the opening and ahead of the European Central Bank policy meeting that is due to take place later today. Still awaiting firm evidence of the impact of the UK's vote to leave the EU, the ECB is expected to keep its current €1.8tr stimulus measure unchanged despite President, Mario Draghi, having already suggested it has presented key risk that could knock as much as 0.5% off Eurozone economic growth over the next three years. Some economists, however, consider that any such a decision would be more a reflection of his lacking new options or ideas, rather than confidence that momentum is finally improving. A new caution that suggests clouds are gathering over the UK, comes from the Royal Institute of Chartered Surveyors who released a survey this morning indicating commercial property brokers are now bracing for a downturn in real estate values and rents. The US markets meanwhile continued their long positive run, basking in dollar strength the Dow Jones achieving yet another record close, with all other principal indices also rising as technology stocks reversed Tuesday's sell off to see the NASDAQ put in the strongest individual performance. Asia was also up across the Board, with the Nikkei claiming back twice Wednesday's losses as the Yen hit a six-week low against the US$, dragging Chinese and Australian stocks behind it. Other than the ECB rate decision, the UK is expected to release retail sales and public sector finances data, while Theresa May continues her European tour visiting the French President, Francois Hollande. The corporate calendar is also quite busy, anticipating results or trading statements fromBabcock, Britvic, Daily Mail and General Trust, easyJet, Howden, Premier Foods,SABMiller, SSE, Tate & Lyle and Unilever.
25 May 16
"Equities in London are expected to open higher this morning, tracking sharp overnight gains in the global markets along with rising confidence that the electorate will choose to reject Brexit on June 23rd. The FTSE-100 is seen up some 26 points during early trade. US stocks led the way, with financial and technology shares the most obvious beneficiaries following better than expected housing data, firming oil and fresh investor optimism that June‟s anticipated Fed rate hike will not undermine domestic growth to the extent being suggested by market bears. The net result was for all 10 sectors in the S&P 500 to close higher. Asian markets followed suit, with most of the territories‟ principal indices rising 1% or more. Eurozone finance ministers and the International Monetary Fund also contributed to the improved mood, putting together a proposal early on Wednesday that clears the way to provide fresh loans for Greece and sets out a basis for the country‟s future debt relief. The European Union also approved Anheuser Busch InBev NV's US$108 billion takeover of rival SABMiller on the understanding that the latter sheds most of its European assets. Investors should look out for details from the EU meeting of finance ministers this morning and results from M&S and Babcock." - Barry Gibb, Research Analyst
23 Feb 15
Severn Trent plc owns a group of companies employing more than 15,000 people across the UK, US and mainland Europe, with some involvement in the Middle East. It supplies water, waste, and utility services throughout the United Kingdom, Europe, and the United States. The Group offers a range of water purification, sewage treatment and disposal, and recycling services as well as providing utility companies with a range of information technology services and software solutions and engineering consultancy services. Severn Trent plc is a constituent of the FTSE 100 Index.
20 Feb 17
Hayward Tyler Group* (HAYT): Trading update and financial position (CORP) | Petra Diamonds (PDL): Interim results (BUY) | Gemfields* (GEM): Interim results (CORP) | Premaitha Health* (NIPT): Middle East momentum (CORP) | Sound Energy (SOU): Acquisition update and TE-8 well spud (HOLD) | Proactis* (PHD): Interim trading on track (CORP) | 7digital* (7DIG): Automotive contract win (CORP)
21 Feb 17
Lighthouse Group* (LGT): Middle Britain growth (CORP) | Utilitywise* (UTW): Double-digit sales growth (CORP) | Trakm8* (TRAK): Earnings expectations cut again (CORP) | dotDigital* (DOTC): Myriad growth opportunities (CORP) | Artilium* (ARTA): Five-year Telenet deal secured and prepaid (CORP) | Netcall* (NET): Cloud investment pays off (CORP)
N+1 Singer - Small-cap quantitative research - New quality style screen + 11 quality focus stocks
09 Feb 17
We introduce our fourth and final style screen representing “quality”. This screens for stocks with the best combination of high returns on capital/equity, EBIT margins and operating cash-flow conversion rates. These criteria should help us monitor how strong underlying returns translate into share price performance over time and under varying market conditions. The screen selects the “best” 25 stocks from our universe of just over 500 stocks and, as usual, we focus on a shorter list of stocks we cover or otherwise know and believe to be particularly interesting. We provide brief investment summaries on these focus stocks on pages 4 – 9. We will monitor performance and refresh the screen in approximately 3-4 months time.
The Slide Rule
12 Jan 17
What is The Slide Rule? The Slide Rule has been designed to dramatically simplify the identification of the best companies in the UK small/mid-cap sector by making a quantitative assessment of the relative potential of each company. At its core, The Slide Rule aims to identify those companies that create genuine shareholder value through strong returns on capital and solid growth, but also present a value opportunity with the potential tailwind of earnings momentum. Companies are assessed within a Quality, Value, Growth and Momentum (QVGM) framework.
Time to go over weight
24 Feb 17
We believe equity investors are taking an unnecessarily cautious stance on the construction sector. Forward looking indicators (e.g. consumer confidence, construction PMIs and housing starts) point to a stable market and recent sales LFL are particularly encouraging (e.g. Marshalls). Near term margins may suffer temporary distortions as inflationary pressures build. However, history has shown that modest input cost inflation is actually a positive for earnings growth in the sector. Therefore, as we move into 2018, margin trends are likely to surprise on the upside.
N+1 Singer - Morning Song 22-02-2017
22 Feb 17
CORETX (COR LN) Contract wins and new Lifestyle facility | Gooch & Housego (GHH LN) Solid Q1 trading plus earnings enhancing acquisition of StingRay Optics | NCC Group (NCC LN) Further issues in Assurance | PCI-PAL (PCIP LN) Strong H1 underpins positive outlook | UBM (UBM LN) Results | Verona Pharma (VRP LN) Phase IIa RPL554 add-on trial to tiotropium commenced