Supermarket Income REIT (LON:SUPR – Get Free Report) insider Sapna Shah bought 48,192 shares of the company’s stock in a transaction on Wednesday, July 15th. The shares were acquired at an average price of GBX 83 per share, with a total value of £39,999.36.
Supermarket Income REIT Stock Up 3.0%
LON:SUPR opened at GBX 88.05 on Monday. Supermarket Income REIT has a 12-month low of GBX 76.22 and a 12-month high of GBX 89.40. The company has a quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37. The firm 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. The stock’s fifty day simple moving average is GBX 84.64 and its 200-day simple moving average is GBX 83.97.
Wall Street Analyst Weigh In
SUPR has been the topic of several analyst reports. The Goldman Sachs Group cut their target price on 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 restated a “buy” rating and set a GBX 89 target price on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Supermarket Income REIT presently has a consensus rating of “Moderate Buy” and a consensus target price 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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