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

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued to clients and investors on Monday, MarketBeat Ratings reports. They presently have a GBX 110 price target on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 24.58% from the stock’s current price.

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

Sirius Real Estate Stock Up 0.1%

Shares of Sirius Real Estate stock opened at GBX 88.30 on Monday. The company has a market cap of £1.40 billion, a P/E ratio of 5.94 and a beta of 1.20. The company has a debt-to-equity ratio of 76.76, a quick ratio of 1.49 and a current ratio of 0.92. Sirius Real Estate has a one year low of GBX 85.85 and a one year high of GBX 112.80. The firm has a fifty day moving average of GBX 94.26 and a two-hundred day moving average of GBX 96.67.

Insider Buying and Selling

In other news, insider Chris Bowman acquired 1,746 shares of Sirius Real Estate stock in a transaction that occurred on Wednesday, August 12th. The stock was purchased at an average cost of GBX 97 per share, with a total value of £1,693.62. Also, insider Joanne Kenrick bought 31,699 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were purchased at an average price of GBX 95 per share, for a total transaction of £30,114.05. Insiders have bought a total of 419,861 shares of company stock worth $39,818,799 in the last quarter. Company insiders own 4.47% 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.