Sirius Real Estate (SRE) Price Target Increased to GBX 64 by Analysts at Canaccord Genuity

Sirius Real Estate (LON:SRE) had its target price upped by Canaccord Genuity from GBX 57 ($0.77) to GBX 64 ($0.87) in a research report sent to investors on Friday, December 22nd. The brokerage currently has a hold rating on the stock.

Separately, Peel Hunt increased their price objective on Sirius Real Estate from GBX 60 ($0.81) to GBX 68 ($0.92) and gave the company a buy rating in a report on Monday, November 27th.

Sirius Real Estate (LON SRE) opened at GBX 65.40 ($0.89) on Friday. The stock has a market capitalization of $609.60 and a P/E ratio of 817.50. Sirius Real Estate has a 52 week low of GBX 50 ($0.68) and a 52 week high of GBX 67.50 ($0.92).

The firm also recently disclosed a dividend, which will be paid on Friday, January 19th. Stockholders of record on Thursday, December 14th will be issued a dividend of €0.02 ($0.02) per share. This represents a dividend yield of 2.17%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from Sirius Real Estate’s previous dividend of $0.02.

In related news, insider Andrew Coombs sold 218,261 shares of the firm’s stock in a transaction on Thursday, October 19th. The stock was sold at an average price of GBX 62 ($0.84), for a total value of £135,321.82 ($183,512.10).

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Sirius Real Estate Company Profile

Sirius Real Estate Limited (Sirius) is a real estate holding company. The Company is engaged in the investment in and operation and development of commercial property to provide workspace in Germany. The Company has a portfolio of approximately 40 business parks across Germany. The Company offers a range of products, including Smartspace and FlexiLager.

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