Andrew Coombs Sells 500,000 Shares of Sirius Real Estate (LON:SRE) Stock

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

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

• On Monday, August 3rd, Andrew Coombs bought 33,000 shares of Sirius Real Estate stock. The shares were 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 acquired at an average price of GBX 101 per share, for a total transaction of £1,686.70.

Sirius Real Estate Price Performance

Shares of LON:SRE traded up GBX 0.60 during midday trading on Thursday, reaching GBX 102. 394,070 shares of the company’s stock traded hands, compared to its average volume of 13,499,331. The company has a fifty day simple moving average of GBX 97.78 and a two-hundred day simple moving average of GBX 99.35. Sirius Real Estate Limited has a 1 year low of GBX 86.80 and a 1 year high of GBX 112.80. The company has a market cap of £1.61 billion, a P/E ratio of 6.86 and a beta of 1.20. The company has a debt-to-equity ratio of 76.76, a quick ratio of 1.49 and a current ratio of 0.92.

Analysts Set New Price Targets

A number of analysts have recently commented on SRE shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 120 target price on shares of Sirius Real Estate in a research note on Tuesday, June 2nd. Berenberg Bank reiterated a “buy” rating and set a GBX 134 price objective on shares of Sirius Real Estate in a research note on Monday, June 1st. Finally, Jefferies Financial Group reiterated a “buy” rating and set a GBX 110 price target on shares of Sirius Real Estate in a research report on Thursday, June 25th. Five research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Sirius Real Estate presently has a consensus rating of “Buy” and a consensus 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.