Insider Buying: Sirius Real Estate (LON:SRE) Insider Acquires £1,693.62 in Stock

Sirius Real Estate Limited (LON:SRE) insider Chris Bowman purchased 1,746 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was acquired at an average price of GBX 97 per share, with a total value of £1,693.62.

Chris Bowman also recently made the following trade(s):

• On Monday, June 22nd, Chris Bowman bought 736,514 shares of Sirius Real Estate stock. The stock was bought at an average cost of GBX 97 per share, for a total transaction of £714,418.58.

Sirius Real Estate Stock Performance

LON:SRE opened at GBX 96.55 on Friday. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76. The company has a market cap of £1.53 billion, a P/E ratio of 6.50 and a beta of 1.20. The firm’s 50 day moving average is GBX 97.86 and its two-hundred day moving average is GBX 99.25. Sirius Real Estate Limited has a fifty-two week low of GBX 86.80 and a fifty-two week high of GBX 112.80.

Analyst Ratings Changes

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

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.