Supermarket Income REIT (LON:SUPR – Get Free Report) insider Andrew Nicholas Hewson bought 12,000 shares of the company’s stock in a transaction on Wednesday, July 15th. The shares were bought at an average price of GBX 83 per share, with a total value of £9,960.
Supermarket Income REIT Trading Down 1.0%
LON SUPR opened at GBX 87.15 on Tuesday. The stock’s 50-day simple moving average is GBX 84.75 and its two-hundred day simple moving average is GBX 84. Supermarket Income REIT has a twelve month low of GBX 76.22 and a twelve 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 company has a market capitalization of £1.09 billion, a price-to-earnings ratio of 17.79, a PEG ratio of 15.09 and a beta of 0.59.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 89 target price on shares of Supermarket Income REIT in a report on Thursday, July 2nd. The Goldman Sachs Group dropped their price target on shares of 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 company. Based on data from MarketBeat, Supermarket Income REIT currently has an average rating of “Moderate Buy” and a consensus price target 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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