Savills (LON:SVS) Receives “Buy” Rating from Shore Capital Group

Shore Capital Group reissued their buy rating on shares of Savills (LON:SVS) in a report released on Friday morning,Digital Look reports. Shore Capital Group currently has a GBX 1,210 target price on the stock.

Savills Stock Up 2.4%

Shares of LON:SVS opened at GBX 861 on Friday. The firm has a market capitalization of £1.18 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.09 and a beta of 1.25. The company has a debt-to-equity ratio of 80.81, a quick ratio of 1.22 and a current ratio of 1.17. Savills has a 52-week low of GBX 791.46 and a 52-week high of GBX 1,126. The firm has a fifty day moving average of GBX 879.53 and a 200 day moving average of GBX 966.44.

Savills (LON:SVS) last released its quarterly earnings results on Thursday, March 12th. The company reported GBX 77.20 earnings per share for the quarter. Savills had a return on equity of 9.70% and a net margin of 2.78%. As a group, research analysts anticipate that Savills will post 76.1455526 EPS for the current fiscal year.

Insider Activity at Savills

In other news, insider Dana Roffman bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, March 13th. The stock was bought at an average price of GBX 929 per share, for a total transaction of £46,450. Also, insider Nick Sanderson bought 11,909 shares of the business’s stock in a transaction on Tuesday, March 24th. The stock was purchased at an average cost of GBX 835 per share, with a total value of £99,440.15. Insiders bought a total of 42,026 shares of company stock worth $36,758,676 in the last quarter. 1.64% of the stock is owned by company insiders.

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.