Supermarket Income REIT (LON:SUPR – Get Free Report) insider Sapna Shah purchased 48,192 shares of the firm’s stock in a transaction that occurred on Wednesday, July 15th. The shares were bought at an average cost of GBX 83 per share, for a total transaction of £39,999.36.
Supermarket Income REIT Stock Up 3.0%
Shares of LON:SUPR opened at GBX 88.05 on Friday. The company has a fifty day moving average of GBX 84.64 and a 200-day moving average of GBX 83.95. The company has a market capitalization of £1.10 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59. 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 52-week low of GBX 76.22 and a 52-week high of GBX 89.40.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on SUPR. The Goldman Sachs Group lowered their target price 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. Jefferies Financial Group reissued a “buy” rating and set a GBX 89 price target on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Supermarket Income REIT has a consensus rating of “Moderate Buy” and a consensus target price of GBX 89.25.
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.
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