Savills (LON:SVS) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Savills plc (LON:SVS)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 905.58 and traded as high as GBX 1,084. Savills shares last traded at GBX 1,050.17, with a volume of 166,524 shares.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Shore Capital Group restated a “buy” rating and set a GBX 1,210 price objective on shares of Savills in a research report on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,343 target price on shares of Savills in a report on Friday, August 14th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 1,375 target price on shares of Savills in a research note on Friday, August 14th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Savills has an average rating of “Buy” and a consensus target price of GBX 1,309.33.

Savills Trading Down 0.2%

The company has a market cap of £1.46 billion, a PE ratio of 21.30, a PEG ratio of 2.09 and a beta of 1.24. The company has a debt-to-equity ratio of 113.66, a quick ratio of 1.22 and a current ratio of 1.11. The company has a 50 day simple moving average of GBX 926.88 and a two-hundred day simple moving average of GBX 905.58.

Savills (LON:SVS) last posted its quarterly earnings results on Thursday, August 13th. The company reported GBX 17.90 earnings per share (EPS) for the quarter. Savills had a net margin of 2.50% and a return on equity of 8.94%. Sell-side analysts forecast that Savills plc will post 76.1455526 EPS for the current 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.