Supermarket Income REIT (LON:SUPR) Stock Keeps “Buy” Rating at Jefferies Financial Group

Supermarket Income REIT (LON:SUPR)‘s stock had its “buy” rating reiterated by Jefferies Financial Group in a research note issued on Thursday, Digital Look reports. They presently have a GBX 90 target price on the stock. Jefferies Financial Group’s price objective points to a potential upside of 8.63% from the stock’s previous close.

A number of other research firms also recently weighed in on SUPR. Deutsche Bank Aktiengesellschaft decreased their price objective on Supermarket Income REIT from GBX 92 to GBX 91 and set a “hold” rating for the company in a report on Friday, October 2nd. Peel Hunt raised Supermarket Income REIT to a “buy” rating and raised their target price for the stock from GBX 90 to GBX 100 in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Supermarket Income REIT currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 92.80.

Supermarket Income REIT Stock Up 1.4%

LON SUPR traded up GBX 1.15 on Thursday, hitting GBX 82.85. The company’s stock had a trading volume of 3,288,893 shares, compared to its average volume of 12,386,934. Supermarket Income REIT has a 1-year low of GBX 76.80 and a 1-year high of GBX 89.40. The company’s 50-day moving average is GBX 83.61 and its 200 day moving average is GBX 83.97. The firm has a market cap of £1.13 billion, a PE ratio of 12.01, a PEG ratio of 15.09 and a beta of 0.59.

Supermarket Income REIT (LON:SUPR) last released its quarterly earnings results on Wednesday, September 16th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. Supermarket Income REIT had a net margin of 75.21% and a return on equity of 7.76%. On average, equities analysts expect that Supermarket Income REIT will post 6.03 EPS for the current year.

Insider Buying and Selling at Supermarket Income REIT

In other news, insider Roger Blundell sold 50,000 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of GBX 86, for a total value of £43,000. Also, insider Rob Abraham acquired 30,387 shares of Supermarket Income REIT stock in a transaction dated Wednesday, September 16th. The stock was purchased at an average cost of GBX 82 per share, for a total transaction of £24,917.34. Insiders own 0.26% of the company’s stock.

Supermarket Income REIT Company Profile

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.