Peel Hunt Reiterates Buy Rating for Sirius Real Estate (LON:SRE)

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Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a report released on Wednesday, ThisIsMoney.Co.Uk reports.

SRE stock opened at GBX 61.60 ($0.81) on Wednesday. The firm has a market cap of $623.02 million and a price-to-earnings ratio of 5.18. The firm has a 50-day simple moving average of GBX 80.38 and a two-hundred day simple moving average of GBX 80.09. Sirius Real Estate has a one year low of GBX 61.60 ($0.81) and a one year high of GBX 93.50 ($1.23). The company has a debt-to-equity ratio of 45.72, a quick ratio of 1.79 and a current ratio of 2.06.

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.

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