Sirius Real Estate (LON:SRE) Insider Buys £90,000 in Stock

Key Points

• Insider buying: Sirius Real Estate director Andrew Coombs purchased 100,000 shares at GBX 90 each, worth £90,000. This follows several other purchases in August, although he also sold 500,000 shares earlier in the month.
• Stock performance and valuation: Shares opened at GBX 90.25, up 0.7%, with a market capitalization of approximately £1.43 billion and a P/E ratio of 6.07. The stock remains below its 50-day and 200-day moving averages.
• Analyst outlook: All five covering analysts rate Sirius Real Estate a “Buy,” with a consensus price target of GBX 123.80, well above the current share price.

Sirius Real Estate Limited (LON:SRE - Get Free Report) insider Andrew Coombs bought 100,000 shares of Sirius Real Estate stock in a transaction dated Thursday, September 24th. The shares were acquired at an average price of GBX 90 per share, with a total value of £90,000.

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

• On Monday, August 17th, Andrew Coombs acquired 250,000 shares of Sirius Real Estate stock. The stock was purchased at an average cost of GBX 96 per share, with a total value of £240,000.
• On Wednesday, August 12th, Andrew Coombs bought 1,746 shares of Sirius Real Estate stock. The shares were purchased at an average cost of GBX 97 per share, with a total value of £1,693.62.
• On Wednesday, August 5th, Andrew Coombs sold 500,000 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 102, for a total transaction of £510,000.
• On Monday, August 3rd, Andrew Coombs bought 33,000 shares of Sirius Real Estate stock. The shares were acquired 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 shares were purchased at an average cost of GBX 101 per share, for a total transaction of £1,686.70.

Sirius Real Estate Stock Up 0.7%

Sirius Real Estate stock opened at GBX 90.25 on Monday. Sirius Real Estate Limited has a twelve month low of GBX 86.80 and a twelve month high of GBX 112.80. The firm has a 50 day moving average price of GBX 95.93 and a 200-day moving average price of GBX 97.24. The company has a market capitalization of £1.43 billion, a P/E ratio of 6.07 and a beta of 1.20. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76.

Analysts Set New Price Targets

Several analysts recently weighed in on SRE shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 120 price target on shares of Sirius Real Estate in a report on Tuesday, June 2nd. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 110 price objective on shares of Sirius Real Estate in a research report on Thursday, June 25th. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 134 target price on shares of Sirius Real Estate in a report on Monday, June 1st. Five research 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.

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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