Sirius Real Estate (LON:SRE) Insider Acquires £33,000 in Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs purchased 33,000 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was acquired at an average price of GBX 100 per share, with a total value of £33,000.

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 transaction of £510,000.
• On Tuesday, August 4th, Andrew Coombs acquired 1,670 shares of Sirius Real Estate stock. The shares were acquired at an average cost of GBX 101 per share, for a total transaction of £1,686.70.

Sirius Real Estate Price Performance

Shares of SRE opened at GBX 101.70 on Friday. Sirius Real Estate Limited has a fifty-two week low of GBX 86.80 and a fifty-two week high of GBX 112.80. The firm’s 50-day simple moving average is GBX 97.83 and its two-hundred day simple moving average is GBX 99.35. The stock has a market cap of £1.61 billion, a PE ratio of 6.84 and a beta of 1.20. 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

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

About Sirius Real Estate

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.