Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for Sirius Real Estate (LON:SRE)

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 120 target price on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 21.77% from the company’s current price.

Several other equities analysts have also recently weighed in on the company. Berenberg Bank restated a “buy” rating and set a GBX 134 price target on shares of Sirius Real Estate in a report on Monday. Jefferies Financial Group restated a “buy” rating and set a GBX 110 price target on shares of Sirius Real Estate in a report on Thursday, May 28th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of GBX 123.80.

Sirius Real Estate Stock Performance

LON SRE opened at GBX 98.55 on Tuesday. The stock has a market capitalization of £1.56 billion, a PE ratio of 7.13 and a beta of 1.18. The business has a 50 day simple moving average of GBX 98.47 and a two-hundred day simple moving average of GBX 98.85. The company has a debt-to-equity ratio of 85.07, a current ratio of 0.93 and a quick ratio of 1.49. Sirius Real Estate has a 1-year low of GBX 86.80 and a 1-year 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.