Sirius Real Estate (LON:SRE) Price Target Raised to GBX 136

Sirius Real Estate (LON:SRE) had its price objective boosted by Berenberg Bank from GBX 133 to GBX 136 in a report published on Monday morning, MarketBeat reports. The firm currently has a buy rating on the stock.

Several other research analysts have also commented on the company. Panmure Gordon lifted their price target on Sirius Real Estate from GBX 125 to GBX 130 and gave the stock a “buy” rating in a report on Monday, November 24th. Peel Hunt restated a “buy” rating and set a GBX 125 price objective on shares of Sirius Real Estate in a research report on Tuesday, November 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Sirius Real Estate from GBX 115 to GBX 120 and gave the company a “buy” rating in a report on Friday, December 5th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 127.75.

Sirius Real Estate Stock Performance

Shares of Sirius Real Estate stock opened at GBX 98.80 on Monday. The business’s 50 day moving average price is GBX 96.66 and its 200 day moving average price is GBX 98.63. The company has a market cap of £1.49 billion, a price-to-earnings ratio of 7.15 and a beta of 1.18. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55. Sirius Real Estate has a one year low of GBX 75.95 and a one year high of GBX 107.

Insider Buying and Selling at Sirius Real Estate

In other news, insider Andrew Coombs sold 250,000 shares of Sirius Real Estate stock in a transaction on Monday, January 19th. The stock was sold at an average price of GBX 101, for a total value of £252,500. Also, insider Deborah Davis bought 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 24th. The shares were purchased at an average cost of GBX 95 per share, for a total transaction of £19,000. Company insiders own 4.59% of the company’s stock.

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.