Sirius Real Estate (SRE) Receives “Buy” Rating from Peel Hunt

Peel Hunt restated their buy rating on shares of Sirius Real Estate (LON:SRE) in a research report sent to investors on Tuesday. Peel Hunt currently has a GBX 68 ($0.92) price objective on the stock.

Shares of Sirius Real Estate (LON:SRE) traded up GBX 0.30 ($0.00) during midday trading on Tuesday, reaching GBX 64.30 ($0.87). The company’s stock had a trading volume of 617,870 shares, compared to its average volume of 1,060,000. Sirius Real Estate has a fifty-two week low of GBX 50 ($0.67) and a fifty-two week high of GBX 65 ($0.87).

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

In other news, insider Andrew Coombs sold 218,261 shares of the stock in a transaction on Thursday, October 19th. The shares were sold at an average price of GBX 62 ($0.83), for a total value of £135,321.82 ($182,128.96).

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About Sirius Real Estate

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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