Sirius Real Estate (LON:SRE) Given Buy Rating at Peel Hunt

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reissued by equities researchers at Peel Hunt in a note issued to investors on Monday, Digital Look reports. They presently have a GBX 125 price target on the stock. Peel Hunt’s price target indicates a potential upside of 36.24% from the stock’s current price.

Several other equities analysts also recently weighed in on the company. Jefferies Financial Group reiterated a “buy” rating and set a GBX 110 target price on shares of Sirius Real Estate in a research report on Monday, October 5th. Berenberg Bank restated a “buy” rating and issued a GBX 134 price target on shares of Sirius Real Estate in a report on Monday, October 5th. Five research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of GBX 105.40.

Sirius Real Estate Trading Up 2.1%

Shares of SRE stock traded up GBX 1.90 during mid-day trading on Monday, hitting GBX 91.75. 60,193,691 shares of the company’s stock were exchanged, compared to its average volume of 11,777,692. The stock has a market cap of £1.45 billion, a price-to-earnings ratio of 6.17 and a beta of 1.20. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76. Sirius Real Estate has a fifty-two week low of GBX 85.85 and a fifty-two week high of GBX 112.80. The stock has a 50-day simple moving average of GBX 93.13 and a two-hundred day simple moving average of GBX 96.53.

Insider Transactions at Sirius Real Estate

In other news, insider Chris Bowman purchased 1,746 shares of the stock in a transaction on Wednesday, August 12th. The stock was purchased at an average price of GBX 97 per share, with a total value of £1,693.62. Also, insider Joanne Kenrick acquired 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. Insiders bought a total of 419,861 shares of company stock worth $39,818,799 in the last ninety days. Insiders own 4.47% 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.