Numis Securities Ltd Reaffirms Add Rating for Savills plc (SVS)

Numis Securities Ltd reiterated their add rating on shares of Savills plc (LON:SVS) in a research report sent to investors on Thursday morning. They currently have a GBX 996 ($12.97) target price on the stock.

Separately, Peel Hunt downgraded Savills plc to a hold rating and raised their price target for the stock from GBX 750 ($9.77) to GBX 910 ($11.85) in a research note on Wednesday, April 26th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of GBX 917.75 ($11.95).

Shares of Savills plc (LON SVS) opened at 890.00 on Thursday. The company’s market capitalization is GBX 1.21 billion. Savills plc has a 52 week low of GBX 647.50 and a 52 week high of GBX 960.50. The firm 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 Simon J. B. Shaw sold 57,478 shares of the firm’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of GBX 910 ($11.85), for a total value of £523,049.80 ($681,143.12). Also, insider Jeremy C. Helsby sold 40,000 shares of the firm’s stock in a transaction on Tuesday, May 16th. The stock was sold at an average price of GBX 918 ($11.95), for a total value of £367,200 ($478,187.26).

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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