Sirius Real Estate Limited (LON:SRE) Insider Andrew Coombs Buys 1,686 Shares

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 bought 1,686 shares of Sirius Real Estate stock in a transaction that occurred on Thursday, July 24th. The shares were acquired at an average cost of GBX 101 ($1.35) per share, for a total transaction of £1,702.86 ($2,275.03).

Sirius Real Estate Trading Up 1.3%

LON:SRE traded up GBX 1.30 ($0.02) on Tuesday, reaching GBX 102.60 ($1.37). The company's stock had a trading volume of 3,604,184 shares, compared to its average volume of 6,447,860. The company has a quick ratio of 1.49, a current ratio of 6.55 and a debt-to-equity ratio of 60.06. The firm has a market cap of £1.85 billion, a price-to-earnings ratio of 13.42 and a beta of 1.18. Sirius Real Estate Limited has a 12-month low of GBX 72.65 ($0.97) and a 12-month high of GBX 103.30 ($1.38). The stock has a 50 day moving average price of GBX 95.73 and a 200 day moving average price of GBX 87.71.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their price target on Sirius Real Estate from GBX 110 ($1.47) to GBX 120 ($1.60) and gave the stock a "buy" rating in a research report 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.