Sirius Real Estate (LON:SRE) Given “Buy” Rating at Jefferies Financial Group

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Financial Group in a research report issued on Monday, MarketBeat Ratings reports. They currently have a GBX 110 price objective on the stock. Jefferies Financial Group’s price target suggests a potential upside of 24.72% from the company’s previous close.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 134 price target 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, Sirius Real Estate presently has an average rating of “Buy” and a consensus price target of GBX 123.80.

Sirius Real Estate Stock Down 0.7%

SRE stock traded down GBX 0.60 during trading hours on Monday, reaching GBX 88.20. 1,499,182 shares of the stock were exchanged, compared to its average volume of 11,720,907. The firm’s 50-day moving average is GBX 94.49 and its 200-day moving average is GBX 96.73. The company has a market cap of £1.40 billion, a price-to-earnings ratio of 5.94 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. 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 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 purchased 31,699 shares of Sirius Real Estate stock in a transaction that occurred on Friday, September 4th. The shares were bought at an average cost of GBX 95 per share, with a total value of £30,114.05. Over the last quarter, insiders have purchased 419,861 shares of company stock valued at $39,818,799. 4.47% of the stock is owned by insiders.

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.