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

Savills (LON:SVS)‘s stock had its “buy” rating restated by research analysts at Shore Capital Group in a research note issued to investors on Friday,Digital Look reports. They presently have a GBX 1,210 price target on the stock. Shore Capital Group’s price target would suggest a potential upside of 40.21% from the company’s previous close.

Savills Trading Up 2.6%

Shares of SVS stock opened at GBX 863 on Friday. The stock’s fifty day simple moving average is GBX 879.53 and its 200 day simple moving average is GBX 966.44. Savills has a twelve month low of GBX 791.46 and a twelve month high of GBX 1,126. The firm has a market capitalization of £1.19 billion, a P/E ratio of 17.51, a P/E/G ratio of 2.09 and a beta of 1.30. The company has a quick ratio of 1.22, a current ratio of 1.17 and a debt-to-equity ratio of 80.81.

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

Insider Buying and Selling at Savills

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

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.