Sirius Real Estate (LON:SRE) Hits New 52-Week Low – What’s Next?

Sirius Real Estate Limited (LON:SRE – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 88.35 and last traded at GBX 88.75, with a volume of 1395332 shares traded. The stock had previously closed at GBX 88.85.

Analyst Ratings Changes

SRE has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a “buy” rating and set a GBX 110 price objective on shares of Sirius Real Estate in a research note on Thursday, June 25th. Deutsche Bank Aktiengesellschaft reiterated 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 target price on shares of Sirius Real Estate in a research note on Monday, June 1st. Five equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Sirius Real Estate has a consensus rating of “Buy” and an average price target of GBX 123.80.

View Our Latest Stock Report on Sirius Real Estate

Sirius Real Estate Price Performance

The stock has a market capitalization of £1.40 billion, a price-to-earnings ratio of 5.97 and a beta of 1.20. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76. The business has a 50-day simple moving average of GBX 95.76 and a two-hundred day simple moving average of GBX 97.16.

Insider Transactions at Sirius Real Estate

In other news, insider Andrew Coombs acquired 100,000 shares of the company’s stock in a transaction dated Thursday, September 24th. The shares were bought at an average price of GBX 90 per share, with a total value of £90,000. Also, insider Joanne Kenrick acquired 31,699 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was purchased at an average price of GBX 95 per share, with a total value of £30,114.05. In the last 90 days, insiders have bought 419,861 shares of company stock valued at $39,818,799. Corporate insiders own 4.46% of the company’s stock.

Sirius Real Estate Company Profile

(Get Free Report)

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.

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