Insider Selling: Sirius Real Estate (LON:SRE) Insider Sells £510,000 in Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs sold 500,000 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of GBX 102, for a total value of £510,000.

Andrew Coombs also recently made the following trade(s):

• On Monday, August 3rd, Andrew Coombs purchased 33,000 shares of Sirius Real Estate stock. The stock was acquired at an average cost of GBX 100 per share, with a total value of £33,000.
• On Tuesday, August 4th, Andrew Coombs purchased 1,670 shares of Sirius Real Estate stock. The stock was acquired at an average price of GBX 101 per share, for a total transaction of £1,686.70.

Sirius Real Estate Stock Down 2.6%

Sirius Real Estate stock opened at GBX 99.10 on Friday. The stock’s 50 day moving average price is GBX 97.85 and its 200 day moving average price is GBX 99.35. Sirius Real Estate Limited has a 1-year low of GBX 86.80 and a 1-year high of GBX 112.80. The company has a market cap of £1.57 billion, a PE ratio of 6.67 and a beta of 1.20. The company has a debt-to-equity ratio of 76.76, a current ratio of 0.92 and a quick ratio of 1.49.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Berenberg Bank restated a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 120 price target on shares of Sirius Real Estate in a report on Tuesday, June 2nd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 110 price objective on shares of Sirius Real Estate in a research note on Thursday, June 25th. Five analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 123.80.

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.