Sirius Real Estate (LON:SRE) Insider Andrew Coombs Sells 500,000 Shares

Key Points

• Insider Andrew Coombs sold 500,000 shares of Sirius Real Estate at an average price of GBX 98, totaling £490,000.
• Sirius Real Estate has received a buy rating from analysts, with a consensus target price of GBX 118.33, indicating positive outlook.
• The company’s stock has recently shown a 0.2% decline and has a market capitalization of £1.46 billion, with a price-to-earnings ratio of 807.33.

Sirius Real Estate Limited (LON:SRE - Get Free Report) insider Andrew Coombs sold 500,000 shares of the company's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of GBX 98, for a total transaction of £490,000.

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

• On Tuesday, September 23rd, Andrew Coombs sold 23,358 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 98, for a total value of £22,890.84.
• On Tuesday, July 29th, Andrew Coombs purchased 28,750 shares of Sirius Real Estate stock. The shares were purchased at an average cost of GBX 101 per share, with a total value of £29,037.50.
• On Thursday, July 24th, Andrew Coombs purchased 1,686 shares of Sirius Real Estate stock. The stock was purchased at an average price of GBX 101 per share, with a total value of £1,702.86.

Sirius Real Estate Stock Down 0.2%

SRE stock opened at GBX 97.04 on Thursday. Sirius Real Estate Limited has a fifty-two week low of GBX 72.65 and a fifty-two week high of GBX 107. 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 stock has a market capitalization of £1.46 billion, a price-to-earnings ratio of 807.33 and a beta of 1.18. The business's fifty day moving average price is GBX 100.31 and its two-hundred day moving average price is GBX 94.13.

Analysts Set New Price Targets

SRE has been the topic of several recent research reports. Peel Hunt reaffirmed a "buy" rating and set a GBX 120 target price on shares of Sirius Real Estate in a report on Monday, September 15th. Berenberg Bank reissued a "buy" rating and set a GBX 120 price target on shares of Sirius Real Estate in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of GBX 118.33.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.