Sirius Real Estate (LON:SRE) Receives Buy Rating from Jefferies Financial Group

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 114 target price on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 13.55% from the stock’s previous close.

Separately, Berenberg Bank lifted their price target on Sirius Real Estate from GBX 133 to GBX 136 and gave the company a “buy” rating in a report on Monday, January 26th. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Sirius Real Estate presently has a consensus rating of “Buy” and an average target price of GBX 125.

Sirius Real Estate Stock Up 2.1%

Shares of LON:SRE traded up GBX 2.10 on Tuesday, reaching GBX 100.40. The company had a trading volume of 509,258 shares, compared to its average volume of 11,756,845. Sirius Real Estate has a 52-week low of GBX 85.05 and a 52-week high of GBX 112.80. The firm’s 50 day simple moving average is GBX 100.17 and its 200-day simple moving average is GBX 98.71. The firm has a market capitalization of £1.59 billion, a PE ratio of 7.26 and a beta of 1.20. The company has a current ratio of 0.93, a quick ratio of 1.49 and a debt-to-equity ratio of 85.07.

Insider Buying and Selling

In related news, insider Andrew Coombs sold 250,000 shares of the business’s stock in a transaction on Monday, January 19th. The stock was sold at an average price of GBX 101, for a total transaction of £252,500. Also, insider Chris Bowman bought 14,705 shares of the company’s stock in a transaction that occurred on Monday, February 16th. The shares were acquired at an average price of GBX 102 per share, for a total transaction of £14,999.10. Insiders have acquired a total of 88,233 shares of company stock worth $8,999,766 in the last ninety days. 4.36% 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.