Savills (LON:SVS) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Savills plc (LON:SVS)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 911.02 and traded as high as GBX 950. Savills shares last traded at GBX 940.83, with a volume of 211,602 shares changing hands.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Shore Capital Group reiterated a “buy” rating and set a GBX 1,210 target price on shares of Savills in a research report on Friday, May 8th. Berenberg Bank restated a “buy” rating and issued a GBX 1,375 price target on shares of Savills in a report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 1,292.50.

Savills Stock Down 0.2%

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 firm has a market cap of £1.30 billion, a PE ratio of 18.99, a P/E/G ratio of 2.09 and a beta of 1.25. The business’s 50-day simple moving average is GBX 871.06 and its 200 day simple moving average is GBX 911.02.

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.