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

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating restated by stock analysts at Peel Hunt in a research note issued on Monday, Digital Look reports. They presently have a GBX 125 target price on the stock. Peel Hunt’s price objective indicates a potential upside of 34.28% from the company’s current price.

A number of other brokerages also recently issued reports on SRE. Berenberg Bank reaffirmed a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a research report on Monday, October 5th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 110 target price on shares of Sirius Real Estate in a research note on Monday, October 5th. Five research analysts have rated the stock with a Buy rating. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 105.40.

Sirius Real Estate Stock Performance

SRE stock traded up GBX 1.34 during midday trading on Monday, hitting GBX 93.09. The company’s stock had a trading volume of 6,300,419 shares, compared to its average volume of 11,494,190. The stock’s 50-day moving average price is GBX 92.81 and its 200 day moving average price is GBX 96.51. 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 1 year low of GBX 85.85 and a 1 year high of GBX 112.80. The stock has a market cap of £1.47 billion, a price-to-earnings ratio of 6.26 and a beta of 1.20.

Insider Activity

In other 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 Chris Bowman purchased 1,746 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average cost of GBX 97 per share, for a total transaction of £1,693.62. Insiders purchased 419,861 shares of company stock valued at $39,818,799 in the last three months. Company insiders own 4.47% of the company’s stock.

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.