Sirius Real Estate’s (SRE) Buy Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Sirius Real Estate (LON:SRE) in a research note issued to investors on Monday morning,Digital Look reports. The firm currently has a GBX 125 price objective on the stock.

SRE has been the subject of several other reports. Berenberg Bank reissued a “buy” rating and issued a GBX 134 price objective on shares of Sirius Real Estate in a report on Monday, October 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 110 price objective on shares of Sirius Real Estate in a research note on Monday, October 5th. Five equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 123.80.

Sirius Real Estate Stock Performance

Shares of SRE stock opened at GBX 89.85 on Monday. The company has a debt-to-equity ratio of 76.76, a quick ratio of 1.49 and a current ratio of 0.92. Sirius Real Estate has a one year low of GBX 85.85 and a one year high of GBX 112.80. The company’s 50-day simple moving average is GBX 93.13 and its 200-day simple moving average is GBX 96.53. The stock has a market capitalization of £1.42 billion, a price-to-earnings ratio of 6.05 and a beta of 1.20.

Insiders Place Their Bets

In other Sirius Real Estate news, insider Joanne Kenrick bought 31,699 shares of the stock in a transaction on Friday, September 4th. The stock was purchased at an average price of GBX 95 per share, for a total transaction of £30,114.05. Also, insider Chris Bowman bought 1,746 shares of the stock in a transaction on Wednesday, August 12th. The shares were acquired at an average price of GBX 97 per share, with a total value of £1,693.62. Insiders acquired a total of 419,861 shares of company stock valued at $39,818,799 over the last 90 days. 4.47% of the stock is owned by company insiders.

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.