Sirius Real Estate (LON:SRE) Price Target Cut to GBX 133 by Analysts at Berenberg Bank

Sirius Real Estate (LON:SRE) had its target price dropped by equities research analysts at Berenberg Bank from GBX 134 to GBX 133 in a research report issued to clients and investors on Monday,Digital Look reports. The brokerage currently has a “buy” rating on the stock. Berenberg Bank’s price objective would suggest a potential upside of 36.97% from the stock’s current price.

Separately, Peel Hunt reissued a “buy” rating and set a GBX 120 target price on shares of Sirius Real Estate in a research report on Monday, October 20th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 122.67.

Sirius Real Estate Stock Performance

Shares of Sirius Real Estate stock opened at GBX 97.10 on Monday. The company has a current ratio of 6.55, a quick ratio of 1.49 and a debt-to-equity ratio of 60.06. The stock’s fifty day moving average price is GBX 98.96 and its 200-day moving average price is GBX 97.92. The firm has a market cap of £1.46 billion, a P/E ratio of 8.08 and a beta of 1.18. Sirius Real Estate has a 12 month low of GBX 72.65 and a 12 month high of GBX 107.

Insider Activity at Sirius Real Estate

In other news, insider Andrew Coombs sold 500,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of GBX 98, for a total value of £490,000. Corporate insiders own 4.62% 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.