Savills’ (SVS) Buy Rating Reaffirmed at Berenberg Bank

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

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

Savills Trading Up 2.1%

Shares of SVS opened at GBX 914.22 on Wednesday. The stock has a market cap of £1.27 billion, a PE ratio of 18.54, a PEG ratio of 2.09 and a beta of 1.25. The company has a current ratio of 1.17, a quick ratio of 1.22 and a debt-to-equity ratio of 80.81. The stock has a 50 day simple moving average of GBX 850.01 and a 200-day simple moving average of GBX 918.14. Savills has a 1 year low of GBX 791.46 and a 1 year high of GBX 1,126.

Insiders Place Their Bets

In other 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. Corporate 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.