Insider Buying: Sirius Real Estate (LON:SRE) Insider Purchases £14,999.10 in Stock

Sirius Real Estate Limited (LON:SRE) insider Chris Bowman acquired 14,705 shares of the stock in a transaction dated Monday, February 16th. The shares were bought at an average cost of GBX 102 per share, with a total value of £14,999.10.

Sirius Real Estate Trading Up 0.5%

SRE opened at GBX 106.17 on Friday. The stock has a market capitalization of £1.60 billion, a P/E ratio of 7.68 and a beta of 1.18. The company has a current ratio of 6.55, a quick ratio of 1.49 and a debt-to-equity ratio of 60.06. Sirius Real Estate Limited has a 12 month low of GBX 75.95 and a 12 month high of GBX 107. The firm’s fifty day simple moving average is GBX 98.37 and its 200 day simple moving average is GBX 98.88.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SRE. Peel Hunt reiterated a “buy” rating and set a GBX 125 price objective on shares of Sirius Real Estate in a report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Sirius Real Estate from GBX 115 to GBX 120 and gave the stock a “buy” rating in a research note on Friday, December 5th. Berenberg Bank boosted their price objective on shares of Sirius Real Estate from GBX 133 to GBX 136 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Panmure Gordon raised their target price on shares of Sirius Real Estate from GBX 125 to GBX 130 and gave the company a “buy” rating in a research report on Monday, November 24th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 127.75.

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.