Berenberg Bank Reaffirms “Buy” Rating for Savills (LON:SVS)

Savills (LON:SVS)‘s stock had its “buy” rating reissued by equities researchers at Berenberg Bank in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 1,375 price target on the stock. Berenberg Bank’s price objective points to a potential upside of 51.77% from the stock’s current price.

Separately, Shore Capital Group reiterated a “buy” rating and issued a GBX 1,210 price target on shares of Savills in a research note on Friday, May 8th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 1,292.50.

Savills Trading Down 2.2%

LON SVS opened at GBX 906 on Wednesday. Savills has a 12 month low of GBX 791.46 and a 12 month high of GBX 1,126. The company has a current ratio of 1.17, a quick ratio of 1.22 and a debt-to-equity ratio of 80.81. The stock’s fifty day moving average price is GBX 852.72 and its 200-day moving average price is GBX 916.95. The stock has a market cap of £1.26 billion, a P/E ratio of 18.38, a P/E/G ratio of 2.09 and a beta of 1.25.

Insider Transactions at Savills

In other Savills news, insider Simon J. B. Shaw sold 43,468 shares of the stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of GBX 840, for a total transaction of £365,131.20. Company insiders own 1.75% of the company’s stock.

Savills Company Profile

Founded in the UK in 1855, Savills is one of the world’s leading property agents. Our experience and expertise spans the globe, with 600 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Our scale gives us wide-ranging specialist and local knowledge, and we take pride in providing best-in-class advice as we help individuals, businesses and institutions make better property decisions.