Sirius Real Estate (LON:SRE) Insider Chris Bowman Buys 1,746 Shares of Stock

Sirius Real Estate Limited (LON:SRE) insider Chris Bowman acquired 1,746 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of GBX 97 per share, for a total transaction of £1,693.62.

Chris Bowman also recently made the following trade(s):

• On Monday, June 22nd, Chris Bowman acquired 736,514 shares of Sirius Real Estate stock. The stock was acquired at an average cost of GBX 97 per share, for a total transaction of £714,418.58.

Sirius Real Estate Price Performance

Shares of SRE traded up GBX 0.30 during mid-day trading on Thursday, reaching GBX 97.20. The company had a trading volume of 1,155,495 shares, compared to its average volume of 13,175,942. The company’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. Sirius Real Estate Limited has a 1-year low of GBX 86.80 and a 1-year 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.

Analysts Set New Price Targets

Several brokerages have commented on SRE. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 110 target price on shares of Sirius Real Estate in a report on Thursday, June 25th. 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. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 120 price target on shares of Sirius Real Estate in a research report on Tuesday, June 2nd. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus 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.