Sirius Real Estate (LON:SRE) Earns Buy Rating from Jefferies Financial Group

Sirius Real Estate (LON:SRE)‘s stock had its “buy” rating restated by investment analysts at Jefferies Financial Group in a report released on Tuesday, MarketBeat Ratings reports. They presently have a GBX 115 ($1.45) price objective on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 44.65% from the stock’s previous close.

Sirius Real Estate Stock Down 0.2 %

Shares of LON SRE opened at GBX 79.50 ($1.00) on Tuesday. Sirius Real Estate has a 1 year low of GBX 79.15 ($1.00) and a 1 year high of GBX 101.80 ($1.28). The company has a market capitalization of £1.19 billion, a P/E ratio of 1,135.71 and a beta of 1.18. The company has a 50 day simple moving average of GBX 88.74 and a 200-day simple moving average of GBX 94. The company has a debt-to-equity ratio of 69.81, a current ratio of 1.87 and a quick ratio of 1.49.

Insider Buying and Selling

In related news, insider Andrew Coombs sold 1,008,700 shares of the stock in a transaction dated Thursday, September 26th. The stock was sold at an average price of GBX 98 ($1.23), for a total transaction of £988,526 ($1,242,803.62). 1.95% of the stock is currently owned by corporate insiders.

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.