Sirius Real Estate (LON:SRE) Insider Acquires 1,746 Shares of Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs bought 1,746 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were acquired at an average price of GBX 97 per share, for a total transaction of £1,693.62.

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

• 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 purchased 33,000 shares of Sirius Real Estate stock. The stock was bought at an average cost 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 purchased at an average price of GBX 101 per share, with a total value of £1,686.70.

Sirius Real Estate Price Performance

Shares of SRE stock traded up GBX 0.30 during trading hours on Thursday, reaching GBX 97.20. The company’s stock had a trading volume of 1,155,495 shares, compared to its average volume of 13,175,942. The firm’s 50 day simple moving average is GBX 97.85 and its 200-day simple moving average is GBX 99.29. The company has a market capitalization of £1.54 billion, a price-to-earnings ratio of 6.54 and a beta of 1.20. 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 fifty-two week low of GBX 86.80 and a fifty-two week high of GBX 112.80.

Wall Street Analysts Forecast Growth

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