Savills (LON:SVS) Reaches New 1-Year High – Time to Buy?

Shares of Savills plc (LON:SVS) reached a new 52-week high during trading on Tuesday. The stock traded as high as GBX 1,160 and last traded at GBX 1,132, with a volume of 52,077 shares changing hands. The stock had previously closed at GBX 1,140.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SVS. Berenberg Bank reissued a “buy” rating and set a GBX 1,375 price objective on shares of Savills in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,343 target price on shares of Savills in a research note on Friday, August 14th. Three equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 1,309.33.

Savills Trading Up 1.4%

The company has a current ratio of 1.11, a quick ratio of 1.22 and a debt-to-equity ratio of 113.66. The stock has a market capitalization of £1.96 billion, a price-to-earnings ratio of 25.65, a price-to-earnings-growth ratio of 2.09 and a beta of 1.27. The business has a 50 day simple moving average of GBX 1,027.59 and a 200-day simple moving average of GBX 946.65.

Savills (LON:SVS) last posted its quarterly earnings data on Thursday, August 13th. The company reported GBX 17.90 EPS for the quarter. Savills had a net margin of 2.50% and a return on equity of 8.94%. On average, equities analysts predict that Savills plc will post 76.15 earnings per share for the current year.

Insider Transactions at Savills

In related news, insider Nick Sanderson sold 37,531 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of GBX 1,024, for a total value of £384,317.44. 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.