Sirius Real Estate (LON:SRE) Insider Purchases £240,000 in Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs bought 250,000 shares of the company’s stock in a transaction on Monday, August 17th. The stock was purchased at an average cost of GBX 96 per share, for a total transaction of £240,000.

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

• On Wednesday, August 12th, Andrew Coombs purchased 1,746 shares of Sirius Real Estate stock. The stock was purchased at an average cost of GBX 97 per share, with a total value of £1,693.62.
• On Wednesday, August 5th, Andrew Coombs sold 500,000 shares of Sirius Real Estate stock. The stock was sold at an average price of GBX 102, for a total value of £510,000.
• On Monday, August 3rd, Andrew Coombs bought 33,000 shares of Sirius Real Estate stock. The stock was acquired at an average price of GBX 100 per share, with a total value of £33,000.
• On Tuesday, August 4th, Andrew Coombs bought 1,670 shares of Sirius Real Estate stock. The stock was acquired at an average cost of GBX 101 per share, with a total value of £1,686.70.

Sirius Real Estate Stock Performance

Shares of SRE opened at GBX 95.11 on Friday. The firm has a market cap of £1.50 billion, a price-to-earnings ratio of 6.40 and a beta of 1.20. The company’s fifty day moving average is GBX 97.78 and its 200-day moving average is GBX 99.13. 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 Limited has a 12 month low of GBX 86.80 and a 12 month high of GBX 112.80.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on SRE shares. Berenberg Bank reiterated a “buy” rating and set a GBX 134 price target on shares of Sirius Real Estate in a research note on Monday, June 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 110 target price on shares of Sirius Real Estate in a research report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 120 price target on shares of Sirius Real Estate in a report on Tuesday, June 2nd. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 123.80.

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.