Insider Buying: Sirius Real Estate (LON:SRE) Insider Acquires £1,693.62 in Stock

Key Points

• Insider purchase: Sirius Real Estate insider Andrew Coombs bought 1,746 shares at GBX 97 each, investing £1,693.62. This followed a recent £510,000 sale of 500,000 shares and additional purchases earlier in August.
• Stock performance: Shares rose 0.3% to GBX 97.20, giving the company a market capitalization of approximately £1.54 billion. The stock remains below its 50-day and 200-day moving averages.
• Analyst outlook: All five tracked analysts rate Sirius Real Estate a “Buy,” with a consensus price target of GBX 123.80, implying potential upside from the current share price.

Sirius Real Estate Limited (LON:SRE - Get Free Report) insider Andrew Coombs purchased 1,746 shares of the stock in a transaction on Wednesday, August 12th. The stock was bought at an average price of GBX 97 per share, for a total transaction of £1,693.62.

Andrew Coombs also recently made the following trade(s):

• On Wednesday, August 5th, Andrew Coombs sold 500,000 shares of Sirius Real Estate stock. The stock was sold at an average price of GBX 102, for a total value of £510,000.
• On Monday, August 3rd, Andrew Coombs purchased 33,000 shares of Sirius Real Estate stock. The stock was bought at an average cost of GBX 100 per share, with a total value of £33,000.
• On Tuesday, August 4th, Andrew Coombs bought 1,670 shares of Sirius Real Estate stock. The stock was purchased at an average cost of GBX 101 per share, with a total value of £1,686.70.

Sirius Real Estate Trading Up 0.3%

Sirius Real Estate stock traded up GBX 0.30 during trading hours on Thursday, reaching GBX 97.20. 1,155,495 shares of the company's stock traded hands, compared to its average volume of 13,175,942. The company has a debt-to-equity ratio of 76.76, a quick ratio of 1.49 and a current ratio of 0.92. The firm has a market capitalization of £1.54 billion, a price-to-earnings ratio of 6.54 and a beta of 1.20. The firm's 50 day moving average is GBX 97.85 and its 200-day moving average is GBX 99.29. Sirius Real Estate Limited has a fifty-two week low of GBX 86.80 and a fifty-two week high of GBX 112.80.

Wall Street Analysts Forecast Growth

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

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.

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