Jefferies Financial Group Reiterates “Buy” Rating for Sirius Real Estate (LON:SRE)

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating restated by Jefferies Financial Group in a research report issued to clients and investors on Thursday,Digital Look reports. They presently have a GBX 110 target price on the stock. Jefferies Financial Group’s price target suggests a potential upside of 10.89% from the company’s previous close.

Sirius Real Estate Stock Up 0.6%

Shares of SRE stock opened at GBX 99.20 on Thursday. The company has a debt-to-equity ratio of 85.07, a quick ratio of 1.49 and a current ratio of 0.93. The firm’s 50-day moving average is GBX 98.43 and its 200-day moving average is GBX 98.93. The stock has a market cap of £1.57 billion, a price-to-earnings ratio of 7.18 and a beta of 1.18. Sirius Real Estate has a 52-week low of GBX 86.80 and a 52-week high of GBX 112.80.

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.