Savills (LON:SVS) Hits New 1-Year High – Should You Buy?

Savills plc (LON:SVS)’s stock price reached a new 52-week high on Tuesday. The company traded as high as GBX 1,160 and last traded at GBX 1,132, with a volume of 52,077 shares. The stock had previously closed at GBX 1,140.

Analyst Upgrades and Downgrades

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 Friday, August 14th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,343 price target on shares of Savills in a report on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Savills presently has a consensus rating of “Buy” and an average price target of GBX 1,309.33.

Savills Price Performance

The company has a current ratio of 1.11, a quick ratio of 1.22 and a debt-to-equity ratio of 113.66. The firm has a market cap of £1.90 billion, a P/E ratio of 24.78, a PEG ratio of 2.09 and a beta of 1.27. The firm has a 50-day simple moving average of GBX 1,024.11 and a 200-day simple moving average of GBX 945.83.

Savills (LON:SVS) last released its quarterly earnings results on Thursday, August 13th. The company reported GBX 17.90 EPS for the quarter. Savills had a return on equity of 8.94% and a net margin of 2.50%. As a group, analysts forecast that Savills plc will post 76.15 EPS for the current year.

Insiders Place Their Bets

In other Savills news, insider Nick Sanderson sold 37,531 shares of Savills stock in a transaction dated Friday, September 4th. The stock was sold at an average price of GBX 1,024, for a total value of £384,317.44. 1.75% of the stock is currently owned by 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.