Sirius Real Estate (LON:SRE) Stock Rating Reaffirmed as Buy by Jefferies Financial Group

Sirius Real Estate (LON:SRE – Get Free Report)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a research note issued to investors on Monday, MarketBeat.com reports. They presently have a GBX 110 price objective on the stock. Jefferies Financial Group’s price objective would indicate a potential upside of 24.86% from the company’s current price.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 134 target price on shares of Sirius Real Estate in a research note on Monday. Five research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 123.80.

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Sirius Real Estate Trading Down 0.3%

Shares of LON SRE opened at GBX 88.10 on Monday. Sirius Real Estate has a twelve month low of GBX 85.85 and a twelve month high of GBX 112.80. The stock has a market cap of £1.39 billion, a price-to-earnings ratio of 5.93 and a beta of 1.20. The company has a quick ratio of 1.49, a current ratio of 0.92 and a debt-to-equity ratio of 76.76. The company’s fifty day moving average is GBX 94.72 and its 200-day moving average is GBX 96.80.

Insider Activity

In related news, insider Andrew Coombs sold 500,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of GBX 102, for a total transaction of £510,000. Also, insider Chris Bowman purchased 1,746 shares of Sirius Real Estate stock in a transaction that occurred on Wednesday, August 12th. The shares were bought at an average cost of GBX 97 per share, for a total transaction of £1,693.62. Insiders have purchased 419,861 shares of company stock valued at $39,818,799 over the last ninety days. 4.46% of the stock is currently owned by company insiders.

Key Stories Impacting Sirius Real Estate

Here are the key news stories impacting Sirius Real Estate this week:

• Positive Sentiment: Sirius reported an 11.3% increase in its rent roll during the first half, with acquisitions identified as a key driver of growth. Rising rental income should support revenue visibility and strengthen the company’s ability to generate cash flow. Sirius Real Estate rent roll rises 11.3% as acquisitions drive growth Sirius Real Estate eyes acquisitions as first-half rent roll grows 11%
• Positive Sentiment: Management continues to see acquisitions as an avenue for further expansion. Investors may view the combination of portfolio growth and higher rents as evidence that Sirius can continue increasing its earnings base. Sirius Real Estate reports 11.3% rent roll growth Sirius Real Estate Reports 11.3% Increase in Half-Year Rent Roll
• Positive Sentiment: Jefferies and Berenberg both reaffirmed their “Buy” ratings. Their price targets of GBX 110 and GBX 134, respectively, are above the recent trading level, signaling perceived upside and reinforcing the constructive analyst view. Jefferies Financial Group Reaffirms Buy Rating for Sirius Real Estate
• Neutral Sentiment: The company’s acquisition-led strategy could increase leverage and financing sensitivity, so investors will continue to monitor debt levels, property valuations and the cost of funding as Sirius pursues additional growth.

About Sirius Real Estate

(Get Free Report)

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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