Savills Announces Vesting and Grant of Deferred Share Awards

Savills ( (GB:SVS) ) just unveiled an update.

Savills plc has announced the vesting of deferred share awards under its Deferred Share Plans, resulting in the transfer of shares to directors and persons discharging managerial responsibilities (PDMRs) after settling associated tax liabilities. Additionally, the company has granted new deferred share awards as part of the 2024 profit share awards, which will vest over a three-year period and include rolled-up dividend shares. These transactions reflect Savills’ ongoing commitment to aligning management incentives with shareholder interests and may impact the company’s market positioning by reinforcing executive engagement and retention.

The most recent analyst rating on (GB:SVS) stock is a Hold with a £1208.00 price target. To see the full list of analyst forecasts on Savills stock, see the GB:SVS Stock Forecast page.

Spark’s Take on GB:SVS Stock

According to Spark, TipRanks’ AI Analyst, GB:SVS is a Outperform.

Savills is fundamentally strong with solid financials and positive corporate developments. However, the valuation suggests the stock may be overvalued, impacting the overall score. Technical indicators suggest stability rather than strong momentum.

To see Spark’s full report on GB:SVS stock, click here.

More about Savills

Savills plc is a global real estate services provider offering a range of services including advisory, management, and transactional services. The company operates in various markets worldwide, focusing on delivering comprehensive real estate solutions to clients across sectors.

Average Trading Volume: 274,875

Technical Sentiment Signal: Sell

Current Market Cap: £1.3B

For detailed information about SVS stock, go to TipRanks’ Stock Analysis page.