Insider Buying: Sirius Real Estate (LON:SRE) Insider Buys 24,509 Shares of Stock

Sirius Real Estate Limited (LON:SRE) insider Kelly Cleveland acquired 24,509 shares of Sirius Real Estate stock in a transaction on Monday, February 16th. The shares were purchased at an average cost of GBX 102 per share, with a total value of £24,999.18.

Sirius Real Estate Stock Up 4.0%

LON:SRE traded up GBX 4 during trading hours on Tuesday, hitting GBX 105. 93,292,094 shares of the stock traded hands, compared to its average volume of 20,119,539. The firm has a 50 day moving average price of GBX 97.63 and a 200 day moving average price of GBX 98.76. The company has a current ratio of 6.55, a quick ratio of 1.49 and a debt-to-equity ratio of 60.06. Sirius Real Estate Limited has a fifty-two week low of GBX 75.95 and a fifty-two week high of GBX 107. The firm has a market cap of £1.58 billion, a price-to-earnings ratio of 7.60 and a beta of 1.18.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Panmure Gordon increased their price objective on Sirius Real Estate from GBX 125 to GBX 130 and gave the stock a “buy” rating in a research note on Monday, November 24th. Peel Hunt reiterated a “buy” rating and issued a GBX 125 target price on shares of Sirius Real Estate in a report on Tuesday, November 18th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Sirius Real Estate from GBX 115 to GBX 120 and gave the stock a “buy” rating in a research report on Friday, December 5th. Finally, Berenberg Bank boosted their price objective on shares of Sirius Real Estate from GBX 133 to GBX 136 and gave the company a “buy” rating in a research report on Monday, January 26th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Sirius Real Estate presently has a consensus rating of “Buy” and an average target price of GBX 127.75.

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.