Peel Hunt Reaffirms “Buy” Rating for Sirius Real Estate (LON:SRE)

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating restated by Peel Hunt in a report issued on Monday, Digital Look reports. They currently have a GBX 125 price objective on the stock. Peel Hunt’s price target suggests a potential upside of 39.12% from the company’s current price.

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

Sirius Real Estate Stock Performance

Shares of SRE opened at GBX 89.85 on Monday. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76. Sirius Real Estate has a 52-week low of GBX 85.85 and a 52-week high of GBX 112.80. The company has a 50-day simple moving average of GBX 93.13 and a 200-day simple moving average of GBX 96.53. The company has a market capitalization of £1.42 billion, a PE ratio of 6.05 and a beta of 1.20.

Insider Activity

In other Sirius Real Estate news, insider Chris Bowman acquired 1,746 shares of the firm’s stock in a transaction that occurred on Wednesday, August 12th. The shares were acquired at an average cost of GBX 97 per share, for a total transaction of £1,693.62. Also, insider Andrew Coombs sold 500,000 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of GBX 102, for a total transaction of £510,000. Insiders bought a total of 419,861 shares of company stock worth $39,818,799 over the last 90 days. 4.47% of the stock is currently owned by corporate insiders.

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.