Supermarket Income REIT (LON:SUPR) Given Buy Rating at Jefferies Financial Group

Supermarket Income REIT (LON:SUPR)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Financial Group in a report released on Thursday, October 15th, Digital Look reports. They currently have a GBX 90 target price on the stock. Jefferies Financial Group‘s price target would indicate a potential upside of 8.43% from the company’s previous close.

Several other analysts have also recently issued reports on the stock. Peel Hunt raised shares of Supermarket Income REIT to a “buy” rating and boosted their price objective for the company from GBX 90 to GBX 100 in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Supermarket Income REIT from GBX 92 to GBX 91 and set a “hold” rating for the company in a report on Friday, October 2nd. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Supermarket Income REIT presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 92.80.

Supermarket Income REIT Trading Up 0.7%

Shares of Supermarket Income REIT stock traded up GBX 0.55 during mid-day trading on Thursday, hitting GBX 83. 3,088,053 shares of the stock were exchanged, compared to its average volume of 12,146,784. The stock has a market capitalization of £1.13 billion, a price-to-earnings ratio of 12.03, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59. Supermarket Income REIT has a twelve month low of GBX 76.80 and a twelve month high of GBX 89.40. The company has a 50-day simple moving average of GBX 83.25 and a 200 day simple moving average of GBX 84.08.

Supermarket Income REIT (LON:SUPR) last announced its quarterly earnings data 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%. Equities research analysts forecast that Supermarket Income REIT will post 6.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Supermarket Income REIT

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

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.