Sirius Real Estate (LON:SRE) Insider Kelly Cleveland Acquires 24,509 Shares

Sirius Real Estate Limited (LON:SRE) insider Kelly Cleveland purchased 24,509 shares of Sirius Real Estate stock in a transaction that occurred on Monday, February 16th. The stock was purchased at an average price of GBX 102 per share, with a total value of £24,999.18.

Sirius Real Estate Trading Up 4.0%

LON SRE opened at GBX 105 on Wednesday. The firm’s 50 day moving average price is GBX 97.84 and its two-hundred day moving average price is GBX 98.78. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55. Sirius Real Estate Limited has a twelve month low of GBX 75.95 and a twelve month high of GBX 107. The stock has a market cap of £1.58 billion, a price-to-earnings ratio of 7.60 and a beta of 1.18.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SRE shares. Berenberg Bank upped their price target on Sirius Real Estate from GBX 133 to GBX 136 and gave the company a “buy” rating in a research report on Monday, January 26th. Peel Hunt reiterated a “buy” rating and issued a GBX 125 target price on shares of Sirius Real Estate in a report on Tuesday, November 18th. Panmure Gordon increased their price target on shares of Sirius Real Estate from GBX 125 to GBX 130 and gave the stock a “buy” rating in a research report on Monday, November 24th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Sirius Real Estate from GBX 115 to GBX 120 and gave the company a “buy” rating in a research report on Friday, December 5th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 127.75.

Sirius Real Estate Company Profile

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.