Sirius Real Estate (LON:SRE) Stock Rating Reaffirmed as Buy by Peel Hunt

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reaffirmed by analysts at Peel Hunt in a report issued on Monday, Digital Look reports. They currently have a GBX 125 target price on the stock. Peel Hunt’s price target suggests a potential upside of 38.81% from the stock’s previous close.

Other equities analysts have also issued reports about the company. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 134 price objective on shares of Sirius Real Estate in a research note on Monday, October 5th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 110 target price on shares of Sirius Real Estate in a report on Monday, October 5th. Five analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of GBX 123.80.

Sirius Real Estate Price Performance

SRE stock opened at GBX 90.05 on Monday. The company has a market cap of £1.42 billion, a PE ratio of 6.06 and a beta of 1.20. The company has a current ratio of 0.92, a quick ratio of 1.49 and a debt-to-equity ratio of 76.76. The stock has a 50-day moving average price of GBX 93.59 and a two-hundred day moving average price of GBX 96.58. Sirius Real Estate has a 12-month low of GBX 85.85 and a 12-month high of GBX 112.80.

Insider Buying and Selling

In related news, insider Joanne Kenrick acquired 31,699 shares of the business’s stock in a transaction on Friday, September 4th. The shares were bought at an average cost of GBX 95 per share, with a total value of £30,114.05. Also, insider Chris Bowman bought 1,746 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The stock was bought at an average cost of GBX 97 per share, with a total value of £1,693.62. In the last three months, insiders acquired 419,861 shares of company stock valued at $39,818,799. Company insiders own 4.47% 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.