Jefferies Financial Group Reaffirms Buy Rating for Sirius Real Estate (LON:SRE)

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,London Stock Exchange reports. They presently have a GBX 110 price target on the stock. Jefferies Financial Group’s price target indicates a potential upside of 9.56% from the company’s previous close.

SRE has been the topic of several other reports. Berenberg Bank reissued a “buy” rating and set a GBX 134 price objective on shares of Sirius Real Estate in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 120 target price on shares of Sirius Real Estate in a report on Tuesday, June 2nd. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 123.80.

Sirius Real Estate Price Performance

Shares of LON:SRE opened at GBX 100.40 on Thursday. The business has a fifty day moving average price of GBX 99.25 and a 200-day moving average price of GBX 98.87. The company has a debt-to-equity ratio of 76.76, a current ratio of 0.92 and a quick ratio of 1.49. The company has a market capitalization of £1.59 billion, a PE ratio of 6.76 and a beta of 1.18. Sirius Real Estate has a 1-year low of GBX 86.80 and a 1-year high of GBX 112.80.

Insider Buying and Selling

In other Sirius Real Estate news, insider Chris Bowman bought 736,514 shares of the business’s stock in a transaction on Monday, June 22nd. The shares were acquired at an average cost of GBX 97 per share, for a total transaction of £714,418.58. Corporate insiders own 4.37% of the company’s stock.

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.