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Sirius CEO Increases Stake with Purchase of Additional Shares

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Sirius CEO Increases Stake with Purchase of Additional Shares

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Sirius Real Estate ( (GB:SRE) ) just unveiled an update.

Sirius Real Estate has disclosed a share transaction by its chief executive officer, Andrew Coombs, who purchased 3,055 ordinary shares on the London Stock Exchange at £0.92825 per share for his Self Invested Pension Plan. Following this trade, Coombs’ total direct beneficial holding has risen to 12,221,279 shares, representing 0.81% of the company’s issued share capital, underscoring continued management alignment with shareholders and compliance with regulatory disclosure and JSE clearance requirements for dealings by senior executives.

The most recent analyst rating on (GB:SRE) stock is a Buy with a £110.00 price target. To see the full list of analyst forecasts on Sirius Real Estate stock, see the GB:SRE Stock Forecast page.

Spark’s Take on GB:SRE Stock

According to Spark, TipRanks’ AI Analyst, GB:SRE is a Outperform.

Sirius Real Estate’s strong financial performance and strategic acquisitions are the most significant factors driving the stock score. The company’s robust growth in rent roll and income, coupled with a solid dividend yield, provide a strong investment case. However, technical indicators suggest a cautious approach due to bearish trends. The positive sentiment from earnings calls and corporate events further supports the stock’s potential, despite challenges such as increased finance costs and foreign exchange losses.

To see Spark’s full report on GB:SRE stock, click here.

More about Sirius Real Estate

Sirius Real Estate Limited is a property investment company focused on owning and managing business parks and flexible workspaces, with its shares listed on both the Johannesburg Stock Exchange and the London Stock Exchange. The company issues ordinary shares of no par value and is incorporated in Guernsey, serving a broad base of institutional and retail investors in the UK and South African markets.

Average Trading Volume: 3,111,731

Technical Sentiment Signal: Buy

Current Market Cap: £1.4B

Learn more about SRE stock on TipRanks’ Stock Analysis page.

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