Sirius Real Estate Limited (LON:SRE) Insider Chris Bowman Purchases 1,686 Shares

Key Points

• Chris Bowman, an insider at Sirius Real Estate Limited, purchased 1,686 shares of the company at an average price of GBX 101 ($1.36), totaling approximately £1,702.86 ($2,300.23) on July 24th.
• Berenberg Bank recently raised its price target for Sirius Real Estate from GBX 110 ($1.49) to GBX 120 ($1.62) and assigned a "buy" rating in June.
• Sirius Real Estate's stock price increased by 0.3%, with a market capitalization of £1.82 billion and a P/E ratio of 13.15.

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

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

• On Friday, June 6th, Chris Bowman bought 15,000 shares of Sirius Real Estate stock. The shares were purchased at an average cost of GBX 97 ($1.31) per share, for a total transaction of £14,550 ($19,654.19).
• On Friday, June 6th, Chris Bowman purchased 2,500 shares of Sirius Real Estate stock. The shares were bought at an average price of GBX 98 ($1.32) per share, for a total transaction of £2,450 ($3,309.47).

Sirius Real Estate Stock Up 0.3%

SRE opened at GBX 100.50 ($1.36) on Friday. The company has a debt-to-equity ratio of 60.06, a current ratio of 6.55 and a quick ratio of 1.49. The business has a 50 day simple moving average of GBX 95.44 and a 200-day simple moving average of GBX 87.15. The stock 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 12 month low of GBX 72.65 ($0.98) and a 12 month high of GBX 101.80 ($1.38).

Wall Street Analyst Weigh In

Separately, Berenberg Bank increased their price objective on Sirius Real Estate from GBX 110 ($1.49) to GBX 120 ($1.62) and gave the company a "buy" rating in a 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.

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