Sirius Real Estate (LON:SRE) Receives “Buy” Rating from Berenberg Bank

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research note issued on Monday,Digital Look reports. They currently have a GBX 134 price objective on the stock. Berenberg Bank’s price target would suggest a potential upside of 36.04% from the company’s previous close.

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 110 price target on shares of Sirius Real Estate in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Sirius Real Estate has an average rating of “Buy” and a consensus target price of GBX 123.80.

Sirius Real Estate Trading Up 0.2%

LON SRE opened at GBX 98.50 on Monday. The firm has a market capitalization of £1.56 billion, a P/E ratio of 7.13 and a beta of 1.18. The business has a fifty day simple moving average of GBX 98.41 and a 200 day simple moving average of GBX 98.88. Sirius Real Estate has a 12 month low of GBX 86.80 and a 12 month high of GBX 112.80. The company has a current ratio of 0.93, a quick ratio of 1.49 and a debt-to-equity ratio of 85.07.

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.