Sirius Real Estate’s (SRE) “Buy” Rating Reaffirmed at Peel Hunt

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reiterated by analysts at Peel Hunt in a report released on Monday, Digital Look reports. They currently have a GBX 125 target price on the stock. Peel Hunt’s target price indicates a potential upside of 37.21% from the company’s current price.

Several other equities research analysts have also commented on SRE. Jefferies Financial Group restated a “buy” rating and issued a GBX 110 price target on shares of Sirius Real Estate in a research note on Monday, October 5th. Berenberg Bank reaffirmed a “buy” rating and set 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. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of GBX 123.80.

Sirius Real Estate Stock Up 1.6%

SRE stock opened at GBX 91.10 on Monday. The stock has a market cap of £1.44 billion, a PE ratio of 6.13 and a beta of 1.20. The firm’s 50-day simple moving average is GBX 93.36 and its 200 day simple moving average is GBX 96.56. Sirius Real Estate has a fifty-two week low of GBX 85.85 and a fifty-two week high of GBX 112.80. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76.

Insider Activity at Sirius Real Estate

In related news, insider Joanne Kenrick purchased 31,699 shares of the company’s stock in a transaction on Friday, September 4th. The shares were bought at an average cost of GBX 95 per share, for a total transaction of £30,114.05. Also, insider Chris Bowman purchased 1,746 shares of Sirius Real Estate stock in a transaction dated Wednesday, August 12th. The stock was bought at an average cost of GBX 97 per share, with a total value of £1,693.62. Insiders purchased 419,861 shares of company stock worth $39,818,799 in the last 90 days. Corporate 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.