Savills (LON:SVS) Sets New 52-Week High – Here’s Why

Shares of Savills plc (LON:SVS) reached a new 52-week high on Thursday . The stock traded as high as GBX 1,126 and last traded at GBX 1,108, with a volume of 326239 shares trading hands. The stock had previously closed at GBX 1,018.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating and issued a GBX 1,180 price target on shares of Savills in a report on Friday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 1,180.

Savills Trading Down 3.0%

The company has a market cap of £1.47 billion, a price-to-earnings ratio of 28.43, a P/E/G ratio of 2.09 and a beta of 1.24. The company has a debt-to-equity ratio of 92.62, a current ratio of 1.16 and a quick ratio of 1.22. The firm’s fifty day moving average price is GBX 997.92 and its 200-day moving average price is GBX 975.

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.