Berenberg Bank Reaffirms Buy Rating for Savills (LON:SVS)

Savills (LON:SVS)‘s stock had its “buy” rating restated by stock analysts at Berenberg Bank in a research report issued to clients and investors on Friday,London Stock Exchange reports. They currently have a GBX 1,375 target price on the stock. Berenberg Bank’s target price suggests a potential upside of 20.89% from the company’s current price.

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

Savills Stock Performance

LON SVS opened at GBX 1,137.40 on Friday. The firm has a 50-day moving average of GBX 900.09 and a 200-day moving average of GBX 904.73. The company has a debt-to-equity ratio of 80.81, a quick ratio of 1.22 and a current ratio of 1.17. The stock has a market cap of £1.58 billion, a PE ratio of 23.07, a P/E/G ratio of 2.09 and a beta of 1.24. Savills has a 52-week low of GBX 791.46 and a 52-week high of GBX 1,142.

Savills (LON:SVS) last announced its earnings results on Thursday, August 13th. The company reported GBX 17.90 EPS for the quarter. Savills had a net margin of 2.78% and a return on equity of 9.70%. On average, sell-side analysts anticipate that Savills 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.