Savills (LON:SVS) Reaches New 1-Year High – Should You Buy?

Shares of Savills plc (LON:SVS) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 1,128 and last traded at GBX 1,126, with a volume of 194440 shares traded. The stock had previously closed at GBX 1,088.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on SVS shares. Berenberg Bank reissued a “buy” rating and set a GBX 1,375 price objective on shares of Savills in a research note on Wednesday, July 15th. Shore Capital Group restated a “buy” rating and issued a GBX 1,210 target price on shares of Savills in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 1,292.50.

Savills Price Performance

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 stock has a market capitalization of £1.56 billion, a PE ratio of 22.88, a PEG ratio of 2.09 and a beta of 1.24. The business has a fifty day moving average price of GBX 900.09 and a 200-day moving average price of GBX 904.73.

Savills (LON:SVS) last announced its quarterly earnings data on Thursday, August 13th. The company reported GBX 17.90 earnings per share for the quarter. Savills had a net margin of 2.78% and a return on equity of 9.70%. Research analysts expect that Savills plc will post 76.1455526 EPS 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.