Sirius Real Estate’s (SRE) Buy Rating Reaffirmed at Peel Hunt

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued to clients and investors on Monday, Digital Look reports. They presently have a GBX 125 price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 39.35% from the stock’s previous close.

SRE has been the topic of a number of other research reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 110 price target on shares of Sirius Real Estate in a report on Monday, October 5th. Berenberg Bank reissued a “buy” rating and issued a GBX 134 price target on shares of Sirius Real Estate in a report on Monday, October 5th. Five investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Sirius Real Estate currently has an average rating of “Buy” and a consensus target price of GBX 123.80.

Sirius Real Estate Stock Performance

LON SRE opened at GBX 89.70 on Monday. The company has a fifty day moving average of GBX 93.59 and a two-hundred day moving average of GBX 96.58. The company has a market capitalization of £1.42 billion, a PE ratio of 6.04 and a beta of 1.20. Sirius Real Estate has a 1 year low of GBX 85.85 and a 1 year high of GBX 112.80. The company has a debt-to-equity ratio of 76.76, a current ratio of 0.92 and a quick ratio of 1.49.

Insider Buying and Selling at Sirius Real Estate

In other news, insider Joanne Kenrick purchased 31,699 shares of the company’s stock in a transaction on Friday, September 4th. The stock was bought at an average cost of GBX 95 per share, for a total transaction of £30,114.05. Also, insider Chris Bowman bought 1,746 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired 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 worth $39,818,799. 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.