Sirius Real Estate (LON:SRE) Insider Buys 49,019 Shares

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs acquired 49,019 shares of the firm’s stock in a transaction dated Monday, February 16th. The stock was bought at an average cost of GBX 102 per share, for a total transaction of £49,999.38.

Andrew Coombs also recently made the following trade(s):

• On Monday, January 19th, Andrew Coombs sold 250,000 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 101, for a total value of £252,500.
• On Monday, November 24th, Andrew Coombs bought 50,000 shares of Sirius Real Estate stock. The stock was purchased at an average cost of GBX 96 per share, with a total value of £48,000.

Sirius Real Estate Stock Performance

LON SRE traded up GBX 4 on Tuesday, reaching GBX 105. 93,292,094 shares of the stock were exchanged, compared to its average volume of 20,119,539. The company has a current ratio of 6.55, a quick ratio of 1.49 and a debt-to-equity ratio of 60.06. Sirius Real Estate Limited has a one year low of GBX 75.95 and a one year high of GBX 107. The firm has a market capitalization of £1.58 billion, a PE ratio of 7.60 and a beta of 1.18. The company’s 50-day simple moving average is GBX 97.63 and its two-hundred day simple moving average is GBX 98.76.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on SRE. Berenberg Bank upped their target price on shares of Sirius Real Estate from GBX 133 to GBX 136 and gave the stock a “buy” rating in a report on Monday, January 26th. Peel Hunt restated a “buy” rating and issued a GBX 125 price objective on shares of Sirius Real Estate in a research report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft upped their price objective on Sirius Real Estate from GBX 115 to GBX 120 and gave the stock a “buy” rating in a research note on Friday, December 5th. Finally, Panmure Gordon lifted their target price on Sirius Real Estate from GBX 125 to GBX 130 and gave the company a “buy” rating in a research note on Monday, November 24th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 127.75.

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.