Sirius Real Estate (LON:SRE) Earns Buy Rating from Jefferies Financial Group

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday, Marketbeat reports. They currently have a GBX 110 price target on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 23.87% from the company’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 134 target price on shares of Sirius Real Estate in a report on Monday. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of GBX 123.80.

Sirius Real Estate Stock Performance

Shares of LON:SRE opened at GBX 88.80 on Monday. The firm has a market capitalization of £1.41 billion, a PE ratio of 5.98 and a beta of 1.20. The company has a debt-to-equity ratio of 76.76, a current ratio of 0.92 and a quick ratio of 1.49. The business has a 50-day moving average of GBX 94.49 and a two-hundred day moving average of GBX 96.73. Sirius Real Estate has a 12 month low of GBX 85.85 and a 12 month high of GBX 112.80.

Insider Activity at Sirius Real Estate

In related news, insider Chris Bowman purchased 1,746 shares of the stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of GBX 97 per share, for a total transaction of £1,693.62. Also, insider Joanne Kenrick acquired 31,699 shares of the business’s stock in a transaction on Friday, September 4th. The stock was bought at an average cost of GBX 95 per share, for a total transaction of £30,114.05. In the last 90 days, insiders have acquired 419,861 shares of company stock worth $39,818,799. 4.46% of the stock is currently owned by corporate insiders.

Trending Headlines about Sirius Real Estate

Here are the key news stories impacting Sirius Real Estate this week:

• Positive Sentiment: Rent roll increased 11.3%. Sirius Real Estate said its first-half rent roll grew 11.3%, driven primarily by acquisitions. The expansion indicates stronger recurring rental income and continued momentum in the company’s German and UK commercial property portfolio. Sirius Real Estate rent roll rises 11.3% as acquisitions drive growth
• Positive Sentiment: Acquisition strategy remains a growth catalyst. Management is continuing to evaluate acquisitions, which could add further properties, rental income and economies of scale if completed at attractive valuations. Sirius Real Estate eyes acquisitions as first-half rent roll grows
• Positive Sentiment: Analysts reaffirm bullish ratings. Jefferies maintained a “Buy” rating with a GBX 110 price target, while Berenberg also retained its “Buy” recommendation and set a GBX 134 target. The endorsements provide additional support for the stock’s positive sentiment and imply material upside from the reported trading level. Jefferies reaffirms Buy rating for Sirius Real Estate
• Neutral Sentiment: The reported rent-roll growth appears acquisition-led, so investors will continue to assess whether Sirius can integrate new properties, maintain occupancy and generate attractive returns without excessive leverage or dilution. Sirius Real Estate reports 11.3% increase in half-year rent roll

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.