Sirius Real Estate Limited (LON:SRE) Insider Andrew Coombs Sells 1,008,700 Shares

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs sold 1,008,700 shares of Sirius Real Estate stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of GBX 98 ($1.31), for a total value of £988,526 ($1,323,682.38).

Andrew Coombs also recently made the following trade(s):

• On Tuesday, September 24th, Andrew Coombs sold 48,220 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 100 ($1.34), for a total value of £48,220 ($64,568.83).
• On Monday, September 2nd, Andrew Coombs purchased 5,126 shares of Sirius Real Estate stock. The shares were bought at an average cost of GBX 97 ($1.30) per share, for a total transaction of £4,972.22 ($6,658.03).

Sirius Real Estate Stock Up 1.1 %

LON:SRE opened at GBX 99.95 ($1.34) on Friday. The firm has a market capitalization of £1.50 billion, a price-to-earnings ratio of 1,427.86 and a beta of 1.18. Sirius Real Estate Limited has a twelve month low of GBX 77.90 ($1.04) and a twelve month high of GBX 101.80 ($1.36). The stock’s 50 day moving average price is GBX 96.95 and its two-hundred day moving average price is GBX 96.46. The company has a quick ratio of 1.49, a current ratio of 1.87 and a debt-to-equity ratio of 69.81.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price target on Sirius Real Estate from GBX 102 ($1.37) to GBX 115 ($1.54) and gave the stock a “buy” rating in a research report on Tuesday, June 18th.

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.