Savills (LON:SVS) Given “Buy” Rating at Berenberg Bank

Savills (LON:SVS)‘s stock had its “buy” rating reaffirmed by equities researchers at Berenberg Bank in a note issued to investors on Friday,London Stock Exchange reports. They presently have a GBX 1,375 price objective on the stock. Berenberg Bank’s price objective would suggest a potential upside of 20.89% from the stock’s previous close.

Separately, Shore Capital Group reissued a “buy” rating and set a GBX 1,210 target price on shares of Savills in a report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Savills presently has an average rating of “Buy” and a consensus price target of GBX 1,309.33.

Savills Stock Up 4.5%

LON SVS opened at GBX 1,137.40 on Friday. 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 company has a market cap of £1.58 billion, a price-to-earnings ratio of 23.07, a PEG ratio of 2.09 and a beta of 1.24. The company has a 50 day moving average of GBX 900.09 and a 200-day moving average of GBX 904.73. Savills has a 1-year low of GBX 791.46 and a 1-year high of GBX 1,142.

Savills (LON:SVS) last issued its quarterly earnings results on Thursday, August 13th. The company reported GBX 17.90 earnings per share (EPS) for the quarter. Savills had a return on equity of 9.70% and a net margin of 2.78%. On average, equities research analysts expect that Savills will post 76.1455526 earnings per share for the current fiscal year.

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.