Numis Securities Ltd Reiterates “Add” Rating for Savills plc (SVS)

Savills plc (LON:SVS)‘s stock had its “add” rating restated by equities researchers at Numis Securities Ltd in a research note issued on Thursday. They currently have a GBX 996 ($12.97) price target on the stock. Numis Securities Ltd’s price objective would suggest a potential upside of 11.91% from the stock’s current price.

Separately, Peel Hunt reissued a “hold” rating and set a GBX 910 ($11.85) price objective on shares of Savills plc in a report on Thursday. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Savills plc presently has a consensus rating of “Buy” and a consensus target price of GBX 917.75 ($11.95).

Savills plc (SVS) opened at 890.00 on Thursday. The company’s market capitalization is GBX 1.19 billion. Savills plc has a one year low of GBX 647.50 and a one year high of GBX 960.50. The company has a 50-day moving average price of GBX 891.87 and a 200-day moving average price of GBX 881.92.

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In related news, insider Jeremy C. Helsby sold 40,000 shares of the business’s stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of GBX 918 ($11.95), for a total transaction of £367,200 ($478,187.26). Also, insider Simon J. B. Shaw sold 57,478 shares of the business’s stock in a transaction on Thursday, May 18th. The shares were sold at an average price of GBX 910 ($11.85), for a total transaction of £523,049.80 ($681,143.12).

About Savills plc

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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