Supermarket Income REIT (LON:SUPR – Get Free Report) insider Roger Blundell purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, July 15th. The stock was bought at an average price of GBX 83 per share, for a total transaction of £41,500.
Supermarket Income REIT Stock Up 3.0%
LON:SUPR opened at GBX 88.05 on Monday. The company’s 50-day simple moving average is GBX 84.64 and its 200-day simple moving average is GBX 83.97. The company has a debt-to-equity ratio of 80.37, a quick ratio of 1.95 and a current ratio of 1.73. Supermarket Income REIT has a fifty-two week low of GBX 76.22 and a fifty-two week high of GBX 89.40. The stock has a market capitalization of £1.10 billion, a P/E ratio of 17.97, a P/E/G ratio of 15.09 and a beta of 0.59.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on SUPR shares. The Goldman Sachs Group lowered their target price on shares of Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating on the stock in a research note on Monday, March 30th. Jefferies Financial Group reissued a “buy” rating and issued a GBX 89 price target on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 89.25.
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.
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