Insider Buying: Sirius Real Estate (LON:SRE) Insider Acquires £30,114.05 in Stock

Sirius Real Estate Limited (LON:SRE) insider Joanne Kenrick purchased 31,699 shares of the business’s stock in a transaction on Friday, September 4th. The stock was purchased at an average cost of GBX 95 per share, for a total transaction of £30,114.05.

Sirius Real Estate Price Performance

SRE stock opened at GBX 93.05 on Thursday. The stock has a market capitalization of £1.47 billion, a price-to-earnings ratio of 6.26 and a beta of 1.20. The firm’s 50-day moving average price is GBX 97.08 and its two-hundred day moving average price is GBX 98.57. 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 12-month low of GBX 86.80 and a 12-month high of GBX 112.80.

Wall Street Analyst Weigh In

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