Sirius Real Estate’s (SRE) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt restated their buy rating on shares of Sirius Real Estate (LON:SRE) in a research note released on Monday, MarketBeat Ratings reports. The brokerage currently has a GBX 120 target price on the stock.

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 120 price target on shares of Sirius Real Estate in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 118.33.

Sirius Real Estate Stock Down 0.5%

Shares of Sirius Real Estate stock opened at GBX 97.42 on Monday. The company has a fifty day moving average price of GBX 99.94 and a 200 day moving average price of GBX 93.43. The company has a current ratio of 6.55, a quick ratio of 1.49 and a debt-to-equity ratio of 60.06. Sirius Real Estate has a twelve month low of GBX 72.65 and a twelve month high of GBX 107. The stock has a market cap of £1.47 billion, a price-to-earnings ratio of 810.48 and a beta of 1.18.

Insider Buying and Selling

In other Sirius Real Estate news, insider Andrew Coombs bought 28,750 shares of Sirius Real Estate stock in a transaction that occurred on Tuesday, July 29th. The stock was purchased at an average cost of GBX 101 per share, for a total transaction of £29,037.50. Also, insider Chris Bowman bought 1,686 shares of Sirius Real Estate stock in a transaction that occurred on Thursday, July 24th. The shares were acquired at an average price of GBX 101 per share, with a total value of £1,702.86. Insiders have purchased 32,122 shares of company stock valued at $3,244,322 over the last 90 days. 4.62% of the stock is currently owned by insiders.

About Sirius Real Estate

Sirius is a property company listed on the main market and premium segment of the London Stock Exchange and the main board of the Johannesburg Stock Exchange. It is a leading operator of branded business parks providing conventional space and flexible workspace in Germany. The Company’s core strategy is the acquisition of business parks at attractive yields, the integration of these business parks into its network of sites under the Company’s own name as well as offering a range of branded products within those sites, and the reconfiguration and upgrade of existing and vacant space to appeal to the local market, through intensive asset management and investment.