Sirius Real Estate’s (SRE) “Buy” Rating Reaffirmed at Jefferies Financial Group

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Financial Group in a research report issued on Thursday,London Stock Exchange reports. They currently have a GBX 110 target price on the stock. Jefferies Financial Group’s price target indicates a potential upside of 9.56% from the company’s current price.

Other equities analysts also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 120 price objective on shares of Sirius Real Estate in a report on Tuesday, June 2nd. Berenberg Bank restated a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a report on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Sirius Real Estate has a consensus rating of “Buy” and a consensus target price of GBX 123.80.

Sirius Real Estate Trading Up 1.0%

SRE opened at GBX 100.40 on Thursday. 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 52 week low of GBX 86.80 and a 52 week high of GBX 112.80. The stock has a market cap of £1.59 billion, a PE ratio of 6.76 and a beta of 1.18. The business has a 50 day moving average of GBX 99.25 and a 200-day moving average of GBX 98.87.

Insider Activity

In related news, insider Chris Bowman purchased 736,514 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were purchased at an average cost of GBX 97 per share, with a total value of £714,418.58. Insiders own 4.37% 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.