Sirius Real Estate’s (SRE) “Buy” Rating Reiterated at Peel Hunt

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a research note issued to investors on Monday, October 12th, Digital Look reports. They currently have a GBX 125 price target on the stock. Peel Hunt’s target price would suggest a potential upside of 36.17% from the company’s previous close.

Several other analysts also recently commented on the company. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 110 price objective on shares of Sirius Real Estate in a research note on Monday, October 5th. Berenberg Bank reiterated a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a report on Monday, October 5th. Five investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 105.40.

Sirius Real Estate Trading Down 1.4%

Shares of SRE stock traded down GBX 1.29 on Monday, hitting GBX 91.80. The stock had a trading volume of 3,141,864 shares, compared to its average volume of 11,455,317. Sirius Real Estate has a twelve month low of GBX 85.85 and a twelve month high of GBX 112.80. The firm has a market cap of £1.45 billion, a P/E ratio of 6.18 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 company has a fifty day moving average price of GBX 92.81 and a two-hundred day moving average price of GBX 96.55.

Insider Activity

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

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.