Sirius Real Estate’s (SRE) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank restated their buy rating on shares of Sirius Real Estate (LON:SRE) in a research note published on Monday morning, MarketBeat reports. The firm currently has a GBX 134 target price on the stock.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 110 target price 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 data from MarketBeat, Sirius Real Estate has an average rating of “Buy” and an average price target of GBX 123.80.

Sirius Real Estate Price Performance

Shares of Sirius Real Estate stock opened at GBX 88.20 on Monday. 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 firm has a market capitalization of £1.40 billion, a PE ratio of 5.94 and a beta of 1.20. The business’s 50-day moving average price is GBX 94.26 and its 200-day moving average price is GBX 96.67. 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 at Sirius Real Estate

In other news, insider Andrew Coombs bought 100,000 shares of the business’s stock in a transaction dated Thursday, September 24th. The shares were purchased at an average price of GBX 90 per share, for a total transaction of £90,000. Also, insider Joanne Kenrick bought 31,699 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was purchased at an average price of GBX 95 per share, for a total transaction of £30,114.05. Over the last 90 days, insiders purchased 419,861 shares of company stock worth $39,818,799. 4.47% of the stock is currently owned by 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.