Sirius Real Estate (LON:SRE) Given New GBX 136 Price Target at Berenberg Bank

Sirius Real Estate (LON:SRE) had its price objective boosted by Berenberg Bank from GBX 133 to GBX 136 in a research report issued on Monday,London Stock Exchange reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price suggests a potential upside of 38.20% from the company’s previous close.

SRE has been the topic of several other research reports. Panmure Gordon upped their price objective on shares of Sirius Real Estate from GBX 125 to GBX 130 and gave the company a “buy” rating in a report on Monday, November 24th. Peel Hunt restated a “buy” rating and set a GBX 125 price objective on shares of Sirius Real Estate in a report on Tuesday, November 18th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Sirius Real Estate from GBX 115 to GBX 120 and gave the stock a “buy” rating in a report on Friday, December 5th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Sirius Real Estate presently has an average rating of “Buy” and an average target price of GBX 127.75.

Sirius Real Estate Trading Down 1.8%

Shares of LON:SRE traded down GBX 1.79 during trading on Monday, reaching GBX 98.41. The stock had a trading volume of 4,376,714 shares, compared to its average volume of 17,909,711. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55. The firm’s fifty day moving average is GBX 96.56 and its 200 day moving average is GBX 98.61. Sirius Real Estate has a 52 week low of GBX 75.55 and a 52 week high of GBX 107. The stock has a market cap of £1.48 billion, a price-to-earnings ratio of 7.12 and a beta of 1.18.

Insider Buying and Selling

In other Sirius Real Estate news, insider Andrew Coombs sold 250,000 shares of the firm’s stock in a transaction on Monday, January 19th. The stock was sold at an average price of GBX 101, for a total value of £252,500. Also, insider Deborah Davis purchased 20,000 shares of the stock in a transaction dated Monday, November 24th. The stock was acquired at an average cost of GBX 95 per share, for a total transaction of £19,000. Insiders own 4.59% 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.