Supermarket Income REIT (LON:SUPR) Earns “Add” Rating from Peel Hunt

Supermarket Income REIT (LON:SUPR)‘s stock had its “add” rating reaffirmed by Peel Hunt in a research note issued on Wednesday, MarketBeat.com reports. They presently have a GBX 85 target price on the stock. Peel Hunt’s price target suggests a potential upside of 8.83% from the company’s previous close.

Supermarket Income REIT Trading Up 0.4%

LON:SUPR opened at GBX 78.10 on Wednesday. The firm has a market capitalization of £973.31 million, a P/E ratio of 1,394.64, a PEG ratio of 15.09 and a beta of 0.31. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95. Supermarket Income REIT has a one year low of GBX 65.20 and a one year high of GBX 87. The company’s 50-day simple moving average is GBX 79.68 and its 200 day simple moving average is GBX 79.21.

Supermarket Income REIT (LON:SUPR) last announced its earnings results on Wednesday, September 17th. The company reported GBX 6 earnings per share for the quarter. Supermarket Income REIT had a negative net margin of 19.76% and a negative return on equity of 1.89%. As a group, analysts forecast that Supermarket Income REIT will post 6.0284281 EPS for the current fiscal year.

Insider Activity

In other news, insider Sapna Shah acquired 63,945 shares of Supermarket Income REIT stock in a transaction on Thursday, July 24th. The stock was acquired at an average cost of GBX 78 per share, for a total transaction of £49,877.10. Also, insider Andrew Nicholas Hewson acquired 41,000 shares of Supermarket Income REIT stock in a transaction on Thursday, July 24th. The shares were purchased at an average price of GBX 78 per share, with a total value of £31,980. 0.19% of the stock is owned by insiders.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company’s supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography.

The Company’s assets earn long-dated, secure, inflation-linked, growing income.