Sirius Real Estate (LON:SRE) Earns Buy Rating from Jefferies Financial Group

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a note issued to investors on Monday, Marketbeat Ratings reports. They presently have a GBX 110 price target on the stock. Jefferies Financial Group’s price target suggests a potential upside of 24.72% from the company’s current price.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 134 price target on shares of Sirius Real Estate in a research report on Monday. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of GBX 123.80.

Sirius Real Estate Stock Down 0.7%

Shares of SRE opened at GBX 88.20 on Monday. The stock has a market capitalization of £1.40 billion, a price-to-earnings ratio of 5.94 and a beta of 1.20. Sirius Real Estate has a 1 year low of GBX 85.85 and a 1 year high of GBX 112.80. The business’s 50 day simple moving average is GBX 94.26 and its 200-day simple moving average is GBX 96.67. The company has a debt-to-equity ratio of 76.76, a current ratio of 0.92 and a quick ratio of 1.49.

Insider Buying and Selling

In related news, insider Joanne Kenrick acquired 31,699 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were acquired at an average cost of GBX 95 per share, for a total transaction of £30,114.05. Also, insider Andrew Coombs sold 500,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of GBX 102, for a total value of £510,000. Over the last quarter, insiders purchased 419,861 shares of company stock worth $39,818,799. Corporate insiders own 4.47% 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.