Sirius Real Estate (LON:SRE) Insider Purchases £714,418.58 in Stock

Sirius Real Estate Limited (LON:SRE) insider Chris Bowman acquired 736,514 shares of Sirius Real Estate stock in a transaction that occurred on Monday, June 22nd. The stock was acquired at an average price of GBX 97 per share, with a total value of £714,418.58.

Sirius Real Estate Stock Performance

Shares of LON SRE traded up GBX 0.15 during mid-day trading on Tuesday, hitting GBX 97.15. The company had a trading volume of 1,006,894 shares, compared to its average volume of 10,112,790. The company has a current ratio of 0.92, a quick ratio of 1.49 and a debt-to-equity ratio of 76.76. Sirius Real Estate Limited has a 1 year low of GBX 86.80 and a 1 year high of GBX 112.80. The company has a market capitalization of £1.53 billion, a price-to-earnings ratio of 6.54 and a beta of 1.18. The stock’s 50-day moving average price is GBX 99.28 and its 200-day moving average price is GBX 98.85.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on SRE shares. Jefferies Financial Group restated a “buy” rating and set a GBX 110 price target on shares of Sirius Real Estate in a research report on Thursday, June 11th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 120 target price on shares of Sirius Real Estate in a research report on Tuesday, June 2nd. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 134 price objective on shares of Sirius Real Estate in a research note on Monday, June 1st. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 123.80.

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.