Sirius Real Estate (LON:SRE) Insider Andrew Coombs Acquires 49,019 Shares

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs bought 49,019 shares of Sirius Real Estate stock in a transaction on Monday, February 16th. The shares were acquired at an average cost of GBX 102 per share, with a total value of £49,999.38.

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

• On Monday, January 19th, Andrew Coombs sold 250,000 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 101, for a total transaction of £252,500.
• On Monday, November 24th, Andrew Coombs bought 50,000 shares of Sirius Real Estate stock. The shares were acquired at an average cost of GBX 96 per share, for a total transaction of £48,000.

Sirius Real Estate Stock Up 4.0%

Shares of SRE stock opened at GBX 105 on Wednesday. The stock has a market cap of £1.58 billion, a P/E ratio of 7.60 and a beta of 1.18. The company’s fifty day simple moving average is GBX 97.84 and its two-hundred day simple moving average is GBX 98.78. The company has a quick ratio of 1.49, a current ratio of 6.55 and a debt-to-equity ratio of 60.06. Sirius Real Estate Limited has a 52 week low of GBX 75.95 and a 52 week high of GBX 107.

Analysts Set New Price Targets

SRE has been the topic of several recent research reports. Berenberg Bank increased their price target on Sirius Real Estate from GBX 133 to GBX 136 and gave the company a “buy” rating in a report on Monday, January 26th. Panmure Gordon raised their target price on shares of Sirius Real Estate from GBX 125 to GBX 130 and gave the stock a “buy” rating in a report on Monday, November 24th. Peel Hunt reiterated a “buy” rating and set a GBX 125 price target on shares of Sirius Real Estate in a report on Tuesday, November 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Sirius Real Estate from GBX 115 to GBX 120 and gave the company a “buy” rating in a research note on Friday, December 5th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and a consensus 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.