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

Sirius Real Estate (LON:SRE) had its price target lowered by Berenberg Bank from GBX 134 to GBX 133 in a research report report published on Monday, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Separately, Peel Hunt reaffirmed a “buy” rating and issued a GBX 120 target price on shares of Sirius Real Estate in a research note on Monday, October 20th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 122.67.

Sirius Real Estate Price Performance

Shares of Sirius Real Estate stock opened at GBX 97 on Monday. The company has a debt-to-equity ratio of 60.06, a current ratio of 6.55 and a quick ratio of 1.49. Sirius Real Estate has a one year low of GBX 72.65 and a one year high of GBX 107. The business’s 50 day simple moving average is GBX 98.95 and its two-hundred day simple moving average is GBX 97.93. The stock has a market capitalization of £1.46 billion, a P/E ratio of 8.07 and a beta of 1.18.

Insider Transactions at Sirius Real Estate

In other Sirius Real Estate news, insider Andrew Coombs sold 500,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of GBX 98, for a total value of £490,000. 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.