Insider Buying: Sirius Real Estate (LON:SRE) Insider Buys £48,000 in Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs bought 50,000 shares of the company’s stock in a transaction dated Monday, November 24th. The stock was bought at an average cost of GBX 96 per share, for a total transaction of £48,000.

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

• On Tuesday, September 23rd, Andrew Coombs sold 500,000 shares of Sirius Real Estate stock. The stock was sold at an average price of GBX 98, for a total value of £490,000.
• 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 transaction of £22,890.84.

Sirius Real Estate Stock Performance

Shares of SRE opened at GBX 98.86 on Friday. The company has a debt-to-equity ratio of 60.06, a quick ratio of 1.49 and a current ratio of 6.55. The stock has a market capitalization of £1.49 billion, a P/E ratio of 8.22 and a beta of 1.18. The company’s fifty day moving average is GBX 98.72 and its two-hundred day moving average is GBX 98.03. Sirius Real Estate Limited has a 1 year low of GBX 72.65 and a 1 year high of GBX 107.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SRE. Panmure Gordon increased their price target on shares of Sirius Real Estate from GBX 125 to GBX 130 and gave the stock a “buy” rating in a report on Monday. Berenberg Bank dropped their target price on Sirius Real Estate from GBX 134 to GBX 133 and set a “buy” rating on the stock in a research report on Monday, November 17th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 125 price target on shares of Sirius Real Estate in a report on Tuesday, November 18th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 125.75.

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.