Savills plc (SVS) Price Target Increased to GBX 940 by Analysts at Peel Hunt
Savills plc (LON:SVS) had its target price lifted by Peel Hunt from GBX 910 ($12.24) to GBX 940 ($12.64) in a research report report published on Wednesday. The firm currently has a hold rating on the stock.
Several other research firms have also weighed in on SVS. Numis Securities Ltd reaffirmed an add rating and set a GBX 996 ($13.39) target price on shares of Savills plc in a report on Thursday, August 10th. Credit Suisse Group lifted their target price on shares of Savills plc from GBX 1,035 ($13.92) to GBX 1,049 ($14.11) and gave the company an outperform rating in a report on Monday, August 14th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Savills plc presently has a consensus rating of Buy and an average price target of GBX 983.75 ($13.23).
Savills plc (SVS) opened at 931.50 on Wednesday. The company’s market cap is GBX 1.27 billion. The company’s 50 day moving average is GBX 886.07 and its 200-day moving average is GBX 893.34. Savills plc has a 12 month low of GBX 647.50 and a 12 month high of GBX 960.50.
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The business also recently declared a dividend, which will be paid on Wednesday, October 4th. Investors of record on Thursday, September 7th will be issued a GBX 4.65 ($0.06) dividend. This represents a yield of 0.53%. The ex-dividend date is Thursday, September 7th.
In related news, insider Simon J. B. Shaw sold 22,849 shares of the business’s stock in a transaction on Monday, August 14th. The shares were sold at an average price of GBX 9 ($0.12), for a total value of £2,056.41 ($2,765.48).
About Savills plc
Savills plc is a United Kingdom-based real estate services provider that offers specialist advisory, management and transactional services. The Company’s segments include Transactional Advisory, Consultancy, Property and Facilities Management, and Investment Management. The Transaction Advisory segment consists of commercial, residential, leisure and agricultural leasing, tenant representation and investment advice on purchases and sales.
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