Sirius Real Estate Limited (LON:SRE) Insider Sells £988,526 in Stock

Sirius Real Estate Limited (LON:SRE) insider Andrew Coombs sold 1,008,700 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of GBX 98 ($1.31), for a total value of £988,526 ($1,323,682.38).

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

• On Tuesday, September 24th, Andrew Coombs sold 48,220 shares of Sirius Real Estate stock. The shares were sold at an average price of GBX 100 ($1.34), for a total value of £48,220 ($64,568.83).
• On Monday, September 2nd, Andrew Coombs bought 5,126 shares of Sirius Real Estate stock. The shares were acquired at an average cost of GBX 97 ($1.30) per share, for a total transaction of £4,972.22 ($6,658.03).

Sirius Real Estate Stock Up 1.1 %

Shares of LON SRE opened at GBX 99.95 ($1.34) on Monday. The company has a debt-to-equity ratio of 69.81, a quick ratio of 1.49 and a current ratio of 1.87. The firm has a market capitalization of £1.50 billion, a price-to-earnings ratio of 1,427.86 and a beta of 1.18. The stock has a 50 day moving average price of GBX 96.95 and a 200 day moving average price of GBX 96.50. Sirius Real Estate Limited has a 52-week low of GBX 77.90 ($1.04) and a 52-week high of GBX 101.80 ($1.36).

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their price target on Sirius Real Estate from GBX 102 ($1.37) to GBX 115 ($1.54) and gave the company a “buy” rating in a report on Tuesday, June 18th.

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.