Savills (LON:SVS) Earns “Buy” Rating from Berenberg Bank

Savills (LON:SVS)‘s stock had its “buy” rating restated by equities researchers at Berenberg Bank in a research note issued on Wednesday,Digital Look reports. They currently have a GBX 1,375 target price on the stock. Berenberg Bank’s price objective suggests a potential upside of 50.40% from the stock’s previous close.

Separately, Shore Capital Group reaffirmed a “buy” rating and issued a GBX 1,210 target price on shares of Savills in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,292.50.

Savills Trading Up 2.1%

Savills stock opened at GBX 914.22 on Wednesday. The firm has a 50-day moving average of GBX 850.01 and a 200-day moving average of GBX 918.14. Savills has a one year low of GBX 791.46 and a one year high of GBX 1,126. The company has a debt-to-equity ratio of 80.81, a current ratio of 1.17 and a quick ratio of 1.22. The company has a market cap of £1.27 billion, a price-to-earnings ratio of 18.54, a P/E/G ratio of 2.09 and a beta of 1.25.

Insider Transactions at Savills

In related news, insider Simon J. B. Shaw sold 43,468 shares of Savills stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of GBX 840, for a total transaction of £365,131.20. Company insiders own 1.75% of the company’s stock.

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.