Supermarket Income REIT (LON:SUPR – Get Free Report) insider Andrew Nicholas Hewson purchased 12,000 shares of the firm’s stock in a transaction dated Wednesday, July 15th. The shares were bought at an average cost of GBX 83 per share, with a total value of £9,960.
Supermarket Income REIT Stock Down 0.2%
LON:SUPR opened at GBX 87 on Wednesday. The company has a debt-to-equity ratio of 80.37, a current ratio of 1.73 and a quick ratio of 1.95. Supermarket Income REIT has a 1-year low of GBX 76.22 and a 1-year high of GBX 89.40. The company has a 50-day moving average of GBX 84.88 and a 200 day moving average of GBX 84.04. The firm has a market cap of £1.08 billion, a PE ratio of 17.76, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59.
Analysts Set New Price Targets
A number of brokerages have commented on SUPR. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 89 target price on shares of Supermarket Income REIT in a report on Thursday, July 2nd. The Goldman Sachs Group lowered their price target on shares of Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating on the stock in a report on Monday, March 30th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 89.25.
About Supermarket Income REIT
Supermarket Income REIT plc (LSE: SUPR, JSE: SRI), a FTSE 250 company, is the only LSE listed company dedicated to investing in grocery properties which are an essential part of national food infrastructure. The Company focuses on grocery stores which are predominantly omnichannel, fulfilling online and in-person sales and are let to leading supermarket operators in the UK and Europe.
The Company’s properties earn long-dated, secure, inflation-linked, growing income. SUPR targets a progressive dividend and the potential for long term capital growth.
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