Chris Bowman Buys 1,746 Shares of Sirius Real Estate (LON:SRE) Stock

Key Points

• Insider buying: Chris Bowman purchased 1,746 Sirius Real Estate shares at GBX 97 each, worth £1,693.62. This follows his purchase of 736,514 shares worth £714,418.58 in June.
• Stock performance: Sirius Real Estate shares rose 0.3% to GBX 97.20, with the company valued at approximately £1.54 billion and trading between a 1-year range of GBX 86.80 to GBX 112.80.
• Analyst outlook: All five covering analysts rate the stock a “Buy,” with a consensus price target of GBX 123.80, implying upside from its current level.

Sirius Real Estate Limited (LON:SRE - Get Free Report) insider Chris Bowman acquired 1,746 shares of the business's stock in a transaction that occurred on Wednesday, August 12th. The stock was acquired at an average price of GBX 97 per share, for a total transaction of £1,693.62.

Chris Bowman also recently made the following trade(s):

• On Monday, June 22nd, Chris Bowman acquired 736,514 shares of Sirius Real Estate stock. The shares were bought at an average cost of GBX 97 per share, with a total value of £714,418.58.

Sirius Real Estate Trading Up 0.3%

Shares of Sirius Real Estate stock traded up GBX 0.30 during trading on Thursday, hitting GBX 97.20. 1,155,495 shares of the company were exchanged, compared to its average volume of 13,175,942. 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 debt-to-equity ratio of 76.76, a current ratio of 0.92 and a quick ratio of 1.49. The firm has a market capitalization of £1.54 billion, a P/E ratio of 6.54 and a beta of 1.20. The firm's fifty day moving average price is GBX 97.85 and its 200 day moving average price is GBX 99.29.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Berenberg Bank restated a "buy" rating and set a GBX 134 price objective on shares of Sirius Real Estate in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 120 price target on shares of Sirius Real Estate in a research note on Tuesday, June 2nd. Finally, Jefferies Financial Group reissued a "buy" rating and set a GBX 110 price target on shares of Sirius Real Estate in a research report on Thursday, June 25th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of GBX 123.80.

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.

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