Sirius Real Estate (LON:SRE) Given “Buy” Rating at Peel Hunt

Peel Hunt restated their buy rating on shares of Sirius Real Estate (LON:SRE) in a research note released on Monday,Digital Look reports. The brokerage currently has a GBX 125 target price on the stock.

Several other equities analysts have also recently issued reports on SRE. Berenberg Bank reiterated a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a research report on Monday, October 5th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 110 price target on shares of Sirius Real Estate in a report on Monday, October 5th. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 123.80.

Sirius Real Estate Price Performance

Shares of LON:SRE opened at GBX 88.45 on Monday. Sirius Real Estate has a 52 week low of GBX 85.85 and a 52 week high of GBX 112.80. The company has a 50-day moving average price of GBX 93.59 and a 200 day moving average price of GBX 96.58. The company has a market cap of £1.40 billion, a P/E ratio of 5.95 and a beta of 1.20. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76.

Insider Transactions at Sirius Real Estate

In related news, insider Joanne Kenrick purchased 31,699 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was acquired at an average price of GBX 95 per share, for a total transaction of £30,114.05. Also, insider Andrew Coombs sold 500,000 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of GBX 102, for a total transaction of £510,000. Insiders have purchased a total of 419,861 shares of company stock valued at $39,818,799 in the last ninety days. 4.47% of the stock is currently owned by company 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.