Savills (LON:SVS) Shares Up 10.9% – What’s Next?

Savills plc (LON:SVS) traded up 10.9% during mid-day trading on Thursday . The company traded as high as GBX 1,104 and last traded at GBX 1,088. Approximately 843,618 shares changed hands during trading, a decline of 77% from the average session volume of 3,592,792 shares. The stock had previously closed at GBX 981.

Analyst Ratings Changes

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

Savills Trading Up 10.9%

The company has a market capitalization of £1.51 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 2.09 and a beta of 1.24. The company has a debt-to-equity ratio of 80.81, a quick ratio of 1.22 and a current ratio of 1.17. The business’s 50-day simple moving average is GBX 894.77 and its 200-day simple moving average is GBX 904.59.

Savills (LON:SVS) last announced its quarterly earnings results on Thursday, August 13th. The company reported GBX 17.90 earnings per share for the quarter. Savills had a net margin of 2.78% and a return on equity of 9.70%. On average, research analysts expect that Savills plc will post 76.1455526 earnings per share for the current fiscal year.

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.