Chris Bowman Acquires 736,514 Shares of Sirius Real Estate (LON:SRE) Stock

Sirius Real Estate Limited (LON:SRE) insider Chris Bowman acquired 736,514 shares of Sirius Real Estate stock in a transaction dated Monday, June 22nd. The shares were bought at an average cost of GBX 97 per share, with a total value of £714,418.58.

Sirius Real Estate Stock Up 0.2%

Shares of LON SRE traded up GBX 0.15 during trading on Tuesday, hitting GBX 97.15. 1,006,894 shares of the company traded hands, compared to its average volume of 10,112,790. The firm has a market capitalization of £1.53 billion, a price-to-earnings ratio of 6.54 and a beta of 1.18. The business’s fifty day moving average is GBX 99.28 and its 200 day moving average is GBX 98.85. The company has a debt-to-equity ratio of 76.76, a quick ratio of 1.49 and a current ratio of 0.92. Sirius Real Estate Limited has a fifty-two week low of GBX 86.80 and a fifty-two week high of GBX 112.80.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SRE shares. Berenberg Bank reiterated a “buy” rating and set a GBX 134 price objective on shares of Sirius Real Estate in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 120 target price on shares of Sirius Real Estate in a report on Tuesday, June 2nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 110 target price on shares of Sirius Real Estate in a report on Thursday, June 11th. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 123.80.

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.