Savills (LON:SVS) Stock Price Passes Above 200 Day Moving Average – Here’s Why

Savills plc (LON:SVS)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 911.02 and traded as high as GBX 950. Savills shares last traded at GBX 940.83, with a volume of 211,602 shares.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. Berenberg Bank reiterated a “buy” rating and set a GBX 1,375 target price on shares of Savills in a report on Wednesday, July 15th. Shore Capital Group reaffirmed a “buy” rating and issued a GBX 1,210 price target on shares of Savills in a research report on Friday, May 8th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, Savills currently has an average rating of “Buy” and an average price target of GBX 1,292.50.

Savills Price Performance

The firm has a 50-day simple moving average of GBX 872.91 and a 200-day simple moving average of GBX 911.08. The firm has a market cap of £1.27 billion, a P/E ratio of 18.66, a PEG ratio of 2.09 and a beta of 1.25. The company has a current ratio of 1.17, a quick ratio of 1.22 and a debt-to-equity ratio of 80.81.

About Savills

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.