Sirius Real Estate (LON:SRE) Given "Buy" Rating at Peel Hunt

Key Points

• Sirius Real Estate has received a "buy" rating from Peel Hunt, with a price target of GBX 120, indicating a potential upside of 24.16% from its current price.
• Insiders have robustly purchased shares recently, with notable transactions including Chris Bowman and Andrew Coombs buying shares at GBX 101, amounting to significant investments over the last ninety days.
• The company's stock is currently down 1.3% as it trades at GBX 96.65, while it maintains a market capitalization of £1.46 billion.

Sirius Real Estate (LON:SRE - Get Free Report)'s stock had its "buy" rating reissued by equities research analysts at Peel Hunt in a research report issued to clients and investors on Monday,Digital Look reports. They currently have a GBX 120 price target on the stock. Peel Hunt's target price points to a potential upside of 24.16% from the stock's current price.

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 120 target price on shares of Sirius Real Estate in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of GBX 118.33.

Sirius Real Estate Stock Down 1.3%

Shares of LON:SRE opened at GBX 96.65 on Monday. The stock has a market capitalization of £1.46 billion, a price-to-earnings ratio of 804.08 and a beta of 1.18. Sirius Real Estate has a 1-year low of GBX 72.65 and a 1-year high of GBX 107. The company's fifty day moving average is GBX 99.89 and its two-hundred day moving average is GBX 93.30. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55.

Insider Buying and Selling

In other news, insider Chris Bowman bought 1,686 shares of the company's stock in a transaction that occurred on Thursday, July 24th. The shares were purchased at an average price of GBX 101 per share, with a total value of £1,702.86. Also, insider Andrew Coombs bought 28,750 shares of the business's stock in a transaction on Tuesday, July 29th. The stock was purchased at an average price of GBX 101 per share, with a total value of £29,037.50. Over the last ninety days, insiders bought 32,122 shares of company stock valued at $3,244,322. Company insiders own 4.62% of the company's stock.

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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