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 research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 89 target price on the stock. Jefferies Financial Group’s price target points to a potential upside of 1.25% from the stock’s previous close.

A number of other research analysts also recently issued reports on the company. The Goldman Sachs Group decreased their price objective on Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating for the company in a report on Monday, March 30th. Stifel Nicolaus restated a “buy” rating and issued a GBX 95 target price on shares of Supermarket Income REIT in a research note on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 89.25.

Supermarket Income REIT Stock Performance

SUPR opened at GBX 87.90 on Thursday. The business’s 50-day moving average price is GBX 83.59 and its two-hundred day moving average price is GBX 83.30. Supermarket Income REIT has a 1 year low of GBX 76.22 and a 1 year high of GBX 89.20. The company has a market capitalization of £1.10 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 15.09 and a beta of 0.59. 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 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.