Sirius Real Estate (LON:SRE) Insider Purchases £33,000 in Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs acquired 33,000 shares of the business’s stock in a transaction on Monday, August 3rd. The stock was acquired at an average price of GBX 100 per share, for a total transaction of £33,000.

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

• On Tuesday, August 4th, Andrew Coombs purchased 1,670 shares of Sirius Real Estate stock. The stock was bought at an average cost of GBX 101 per share, for a total transaction of £1,686.70.

Sirius Real Estate Stock Up 1.4%

Shares of Sirius Real Estate stock traded up GBX 1.40 during midday trading on Tuesday, hitting GBX 101.70. The company had a trading volume of 99,989,805 shares, compared to its average volume of 14,296,363. The company has a 50 day moving average of GBX 97.68 and a 200 day moving average of GBX 99.34. The stock has a market capitalization of £1.61 billion, a P/E ratio of 6.84 and a beta of 1.20. Sirius Real Estate Limited has a 52-week low of GBX 86.80 and a 52-week high of GBX 112.80. The company has a debt-to-equity ratio of 76.76, a quick ratio of 1.49 and a current ratio of 0.92.

Analyst Ratings Changes

Several brokerages have recently issued reports on SRE. Jefferies Financial Group restated a “buy” rating and set a GBX 110 target price on shares of Sirius Real Estate in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 120 price target on shares of Sirius Real Estate in a report on Tuesday, June 2nd. Finally, Berenberg Bank restated a “buy” rating and set a GBX 134 price objective on shares of Sirius Real Estate in a report on Monday, June 1st. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock 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.