Sirius Real Estate (LON:SRE) Insider Sells 500,000 Shares

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs sold 500,000 shares of Sirius Real Estate stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of GBX 102, for a total transaction of £510,000.

Andrew Coombs also recently made the following trade(s):

• On Monday, August 3rd, Andrew Coombs acquired 33,000 shares of Sirius Real Estate stock. The stock was acquired at an average cost of GBX 100 per share, with a total value of £33,000.
• On Tuesday, August 4th, Andrew Coombs bought 1,670 shares of Sirius Real Estate stock. The shares were bought at an average cost of GBX 101 per share, for a total transaction of £1,686.70.

Sirius Real Estate Stock Up 0.6%

Shares of LON:SRE traded up GBX 0.60 on Thursday, reaching GBX 102. The company had a trading volume of 394,070 shares, compared to its average volume of 13,499,331. The firm has a market capitalization of £1.61 billion, a PE ratio of 6.86 and a beta of 1.20. The company has a current ratio of 0.92, a quick ratio of 1.49 and a debt-to-equity ratio of 76.76. Sirius Real Estate Limited has a 52-week low of GBX 86.80 and a 52-week high of GBX 112.80. The firm’s 50 day simple moving average is GBX 97.78 and its 200-day simple moving average is GBX 99.35.

Analysts Set New Price Targets

SRE has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 120 target price on shares of Sirius Real Estate in a research report on Tuesday, June 2nd. Berenberg Bank restated a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a research note on Monday, June 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 110 target price on shares of Sirius Real Estate in a research report on Thursday, June 25th. Five analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Sirius Real Estate presently has a consensus rating of “Buy” and an average price target 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.