Savills (LON:SVS) Trading 10.9% Higher – What’s Next?

Shares of Savills plc (LON:SVS) traded up 10.9% during 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 Upgrades and Downgrades

SVS has been the subject of several research reports. Berenberg Bank reissued a “buy” rating and issued a GBX 1,375 price objective on shares of Savills in a research report on Wednesday, July 15th. Shore Capital Group reiterated a “buy” rating and set 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, According to data from MarketBeat, Savills currently has an average rating of “Buy” and an average price target of GBX 1,292.50.

Savills Trading Up 10.9%

The business’s 50 day moving average price is GBX 894.77 and its 200-day moving average price is GBX 904.59. The company has a market cap of £1.51 billion, a price-to-earnings ratio of 22.07, a PEG 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.

Savills (LON:SVS) last posted its 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 forecast that Savills plc will post 76.1455526 EPS for the current year.

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.