Credit Suisse Group Boosts Savills (SVS) Price Target to GBX 1,134
Savills (LON:SVS) had its target price hoisted by research analysts at Credit Suisse Group from GBX 1,049 ($14.49) to GBX 1,134 ($15.67) in a research report issued on Tuesday. The brokerage presently has an “outperform” rating on the stock. Credit Suisse Group’s target price would indicate a potential upside of 13.80% from the stock’s previous close.
Several other analysts have also issued reports on the stock. Barclays lifted their target price on shares of Savills from GBX 913 ($12.61) to GBX 959 ($13.25) and gave the company an “equal weight” rating in a research report on Monday. Numis Securities reiterated an “add” rating and issued a GBX 1,120 ($15.47) target price on shares of Savills in a research report on Thursday, March 15th. Finally, Peel Hunt reiterated a “hold” rating and issued a GBX 940 ($12.99) target price on shares of Savills in a research report on Thursday, March 15th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 1,020.60 ($14.10).
Shares of Savills (SVS) opened at GBX 996.50 ($13.77) on Tuesday. Savills has a 52-week low of GBX 837 ($11.56) and a 52-week high of GBX 1,046 ($14.45). The stock has a market cap of $1,390.00 and a PE ratio of 1,718.10.
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Savills plc is a United Kingdom-based real estate services provider that offers specialist advisory, management and transactional services. The Company’s segments include Transactional Advisory, Consultancy, Property and Facilities Management, and Investment Management. The Transaction Advisory segment consists of commercial, residential, leisure and agricultural leasing, tenant representation and investment advice on purchases and sales.
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