Sirius Real Estate (LON:SRE) Price Target Raised to GBX 120 at Deutsche Bank Aktiengesellschaft

Sirius Real Estate (LON:SRE) had its target price lifted by Deutsche Bank Aktiengesellschaft from GBX 115 to GBX 120 in a note issued to investors on Friday,Digital Look reports. The firm currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 24.16% from the stock’s previous close.

A number of other equities research analysts have also issued reports on the company. Berenberg Bank cut their price target on Sirius Real Estate from GBX 134 to GBX 133 and set a “buy” rating for the company in a research note on Monday, November 17th. Peel Hunt reiterated a “buy” rating and set a GBX 125 target price on shares of Sirius Real Estate in a research report on Tuesday, November 18th. 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. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 124.60.

Sirius Real Estate Price Performance

Shares of LON SRE traded down GBX 0.10 during midday trading on Friday, reaching GBX 96.65. The stock had a trading volume of 4,289,591 shares, compared to its average volume of 8,198,356. The company has a market capitalization of £1.46 billion, a price-to-earnings ratio of 8.04 and a beta of 1.18. Sirius Real Estate has a 12-month low of GBX 72.65 and a 12-month high of GBX 107. The stock has a 50-day moving average of GBX 98.79 and a 200-day moving average of GBX 98.21. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55.

Insider Buying and Selling at Sirius Real Estate

In related news, insider Andrew Coombs sold 500,000 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of GBX 98, for a total value of £490,000. Also, insider Deborah Davis acquired 20,000 shares of the stock in a transaction dated Monday, November 24th. The stock was bought at an average cost of GBX 95 per share, with a total value of £19,000. 4.62% of the stock is owned by company insiders.

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.