Supermarket Income REIT (LON:SUPR) Earns Buy Rating from Jefferies Financial Group

Supermarket Income REIT (LON:SUPR)‘s stock had its “buy” rating reissued by equities research analysts at Jefferies Financial Group in a research report issued to clients and investors on Thursday,Digital Look reports. They currently have a GBX 89 price target on the stock. Jefferies Financial Group’s price objective indicates a potential upside of 1.25% from the stock’s current price.

A number of other research firms have also recently commented on SUPR. Stifel Nicolaus reiterated a “buy” rating and set a GBX 95 price target on shares of Supermarket Income REIT in a report on Wednesday, March 11th. The Goldman Sachs Group cut their price objective on Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating for the company in a research report on Monday, March 30th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Supermarket Income REIT has a consensus rating of “Moderate Buy” and an average target price of GBX 89.25.

Supermarket Income REIT Price Performance

Shares of SUPR stock opened at GBX 87.90 on Thursday. The company has a debt-to-equity ratio of 80.37, a quick ratio of 1.95 and a current ratio of 1.73. The firm’s 50-day moving average is GBX 83.59 and its 200-day moving average is GBX 83.30. The stock has a market cap of £1.10 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 15.09 and a beta of 0.59. Supermarket Income REIT has a 52-week low of GBX 76.22 and a 52-week high of GBX 89.20.

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.