Analyst Price Target is GBX 115
▲ +48.39% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Sirius Real Estate in the last 3 months. The average price target is GBX 115, with a high forecast of GBX 115 and a low forecast of GBX 115. The average price target represents a 48.39% upside from the last price of GBX 77.50.
Current Consensus is
Buy
The current consensus among 2 contributing investment analysts is to buy stock in Sirius Real Estate.
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. The Company's strategy aims to deliver attractive returns for shareholders by increasing rental income and improving cost recoveries and capital values, as well as by enhancing those returns through financing its assets on favourable terms. Once sites are mature and net income and values have been optimised, the Company may take the opportunity to refinance the sites to release capital for investment in new sites or consider the disposal of sites in order to recycle equity into assets which present greater opportunity for the asset management skills of the Company's team.
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