Severn Trent shares rally 7.29% and outperform the market

9 articles · Updated · MarketWatch · Apr 30

The stock closed at £32.69 on Thursday as the FTSE 100 rose 1.62% to 10,378.82, with trading volume reaching 1.6 million shares.
Severn Trent ended the session 0.91% below its 52-week high of £32.99, set on 2 March, indicating the gain pushed the utility close to a recent peak.
Volume was well above the 50-day average of 685,627, suggesting unusually strong investor activity during a broadly positive day for UK equities.

With its stock soaring past analyst targets, is Severn Trent's rally a bubble or a sign of its true value?

As customer bills rise 47%, will Severn Trent's massive investments finally fix its environmental and service issues?