Sirius Real Estate (LON:SRE) Receives “Buy” Rating from Berenberg Bank

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reissued by stock analysts at Berenberg Bank in a note issued to investors on Monday,Digital Look reports. They currently have a GBX 134 price target on the stock. Berenberg Bank’s price target would suggest a potential upside of 36.04% from the stock’s previous close.

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 110 price objective on shares of Sirius Real Estate in a report on Thursday. Five analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 123.80.

Sirius Real Estate Stock Performance

LON SRE opened at GBX 98.50 on Monday. The company’s 50 day moving average is GBX 98.41 and its 200-day moving average is GBX 98.88. Sirius Real Estate has a 12-month low of GBX 86.80 and a 12-month high of GBX 112.80. The company has a quick ratio of 1.49, a current ratio of 0.93 and a debt-to-equity ratio of 85.07. The firm has a market cap of £1.56 billion, a P/E ratio of 7.13 and a beta of 1.18.

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.