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

Peel Hunt reissued their buy rating on shares of Sirius Real Estate (LON:SRE) in a research note released on Tuesday, Marketbeat reports. They currently have a GBX 125 target price on the stock.

Separately, Berenberg Bank decreased their price target on shares of Sirius Real Estate from GBX 134 to GBX 133 and set a “buy” rating for the company in a research report on Monday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of GBX 124.33.

Sirius Real Estate Price Performance

SRE opened at GBX 96 on Tuesday. Sirius Real Estate has a 52-week low of GBX 72.65 and a 52-week high of GBX 107. The company has a 50 day moving average of GBX 98.92 and a two-hundred day moving average of GBX 97.95. The company has a market cap of £1.45 billion, a P/E ratio of 7.99 and a beta of 1.18. The company has a quick ratio of 1.49, a current ratio of 6.55 and a debt-to-equity ratio of 60.06.

Insider Activity at Sirius Real Estate

In other news, insider Andrew Coombs sold 500,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of GBX 98, for a total transaction of £490,000. Insiders own 4.62% of the company’s stock.

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.