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 report issued 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 34.28% from the company’s current price.

Other research analysts have also recently issued reports about the company. Berenberg Bank restated a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a report on Monday, October 5th. Jefferies Financial Group reaffirmed a “buy” rating and issued 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 stock presently has a consensus rating of “Buy” and a consensus target price of GBX 105.40.

Sirius Real Estate Stock Performance

Shares of LON SRE traded up GBX 1.34 during trading on Monday, reaching GBX 93.09. 6,300,419 shares of the company traded hands, compared to its average volume of 11,494,190. The company has a current ratio of 0.92, a quick ratio of 1.49 and a debt-to-equity ratio of 76.76. The firm’s fifty day simple moving average is GBX 92.81 and its 200 day simple moving average is GBX 96.51. Sirius Real Estate has a 12-month low of GBX 85.85 and a 12-month high of GBX 112.80. The stock has a market cap of £1.47 billion, a P/E ratio of 6.26 and a beta of 1.20.

Insider Activity at Sirius Real Estate

In related news, insider Chris Bowman purchased 1,746 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were bought at an average cost of GBX 97 per share, for a total transaction of £1,693.62. Also, insider Joanne Kenrick bought 31,699 shares of the stock in a transaction dated Friday, September 4th. The stock was bought at an average price of GBX 95 per share, with a total value of £30,114.05. Insiders acquired 419,861 shares of company stock valued at $39,818,799 over the last three months. 4.47% of the stock is owned by corporate insiders.

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.