Insider Buying: Sirius Real Estate Limited (LON:SRE) Insider Buys 1,686 Shares of Stock

Key Points

• Insider Andrew Coombs of Sirius Real Estate Limited purchased 1,686 shares at an average price of GBX 101 ($1.36) per share, amounting to a total transaction of £1,702.86 ($2,300.23).
• Berenberg Bank has raised their target price for Sirius Real Estate from GBX 110 ($1.49) to GBX 120 ($1.62) and assigned the company a "buy" rating.
• Sirius Real Estate operates a portfolio of branded business parks in Germany, focusing on acquisitions and intensive asset management.

Sirius Real Estate Limited (LON:SRE - Get Free Report) insider Andrew Coombs purchased 1,686 shares of the firm's stock in a transaction that occurred on Thursday, July 24th. The stock was acquired at an average price of GBX 101 ($1.36) per share, for a total transaction of £1,702.86 ($2,300.23).

Sirius Real Estate Trading Up 0.3%

Shares of SRE opened at GBX 100.50 ($1.36) on Friday. The company has a market capitalization of £1.82 billion, a P/E ratio of 13.15 and a beta of 1.18. Sirius Real Estate Limited has a one year low of GBX 72.65 ($0.98) and a one year high of GBX 101.80 ($1.38). The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55. The stock has a 50-day moving average price of GBX 95.44 and a 200 day moving average price of GBX 87.15.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their target price on Sirius Real Estate from GBX 110 ($1.49) to GBX 120 ($1.62) and gave the company a "buy" rating in a research note on Monday, June 2nd.

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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