Sirius Real Estate (LON:SRE) Earns Buy Rating from Peel Hunt

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a note issued to investors on Monday, Digital Look reports. They presently have a GBX 125 target price on the stock. Peel Hunt’s target price suggests a potential upside of 38.89% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 134 price target on shares of Sirius Real Estate in a report on Monday, October 5th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 110 price objective on shares of Sirius Real Estate in a report on Monday, October 5th. Five equities research analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of GBX 123.80.

Sirius Real Estate Price Performance

Shares of SRE opened at GBX 90 on Monday. The company has a market cap of £1.42 billion, a price-to-earnings ratio of 6.06 and a beta of 1.20. Sirius Real Estate has a twelve month low of GBX 85.85 and a twelve month high of GBX 112.80. 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 50 day moving average of GBX 93.36 and a two-hundred day moving average of GBX 96.56.

Insiders Place Their Bets

In other Sirius Real Estate news, insider Andrew Coombs sold 500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of GBX 102, for a total transaction of £510,000. Also, insider Joanne Kenrick acquired 31,699 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were acquired at an average price of GBX 95 per share, with a total value of £30,114.05. In the last ninety days, insiders acquired 419,861 shares of company stock valued at $39,818,799. 4.47% of the stock is 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.