Sirius Real Estate (LON:SRE) Price Target Raised to GBX 120 at Berenberg Bank

Sirius Real Estate (LON:SRE - Free Report) had its price target boosted by Berenberg Bank from GBX 110 ($1.49) to GBX 120 ($1.63) in a research report sent to investors on Monday, Marketbeat Ratings reports. They currently have a buy rating on the stock.

Sirius Real Estate Stock Performance

LON SRE traded down GBX 0.49 ($0.01) on Monday, hitting GBX 96.81 ($1.31). 3,173,501 shares of the company's stock were exchanged, compared to its average volume of 7,598,362. The company has a debt-to-equity ratio of 60.06, a current ratio of 6.55 and a quick ratio of 1.49. The firm's 50-day moving average price is GBX 89.89 and its two-hundred day moving average price is GBX 83.84. Sirius Real Estate has a fifty-two week low of GBX 72.65 ($0.98) and a fifty-two week high of GBX 101.80 ($1.38). The firm has a market cap of £1.75 billion, a price-to-earnings ratio of 12.67 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.