Sirius Real Estate (LON:SRE) Insider Andrew Coombs Acquires 50,000 Shares

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs purchased 50,000 shares of the stock in a transaction on Monday, November 24th. The shares were acquired at an average cost of GBX 96 per share, for a total transaction of £48,000.

Andrew Coombs also recently made the following trade(s):

• On Tuesday, September 23rd, Andrew Coombs sold 500,000 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 98, for a total value of £490,000.
• On Tuesday, September 23rd, Andrew Coombs sold 23,358 shares of Sirius Real Estate stock. The stock was sold at an average price of GBX 98, for a total value of £22,890.84.

Sirius Real Estate Stock Up 0.2%

SRE stock opened at GBX 94.75 on Wednesday. Sirius Real Estate Limited has a 1-year low of GBX 72.65 and a 1-year high of GBX 107. The business’s 50 day simple moving average is GBX 98.70 and its 200 day simple moving average is GBX 98.03. The company has a current ratio of 6.55, a quick ratio of 1.49 and a debt-to-equity ratio of 60.06. The firm has a market capitalization of £1.43 billion, a PE ratio of 7.88 and a beta of 1.18.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Panmure Gordon increased their price objective on shares of Sirius Real Estate from GBX 125 to GBX 130 and gave the company a “buy” rating in a research report on Monday. Berenberg Bank decreased their price target on shares of Sirius Real Estate from GBX 134 to GBX 133 and set a “buy” rating on the stock in a research note on Monday, November 17th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 125 price target on shares of Sirius Real Estate in a report on Tuesday, November 18th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Sirius Real Estate has an average rating of “Buy” and a consensus price target of GBX 125.75.

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.