Supermarket Income REIT (LON:SUPR) Given New GBX 77 Price Target at Jefferies Financial Group

Supermarket Income REIT (LON:SUPR) had its target price raised by Jefferies Financial Group from GBX 73 to GBX 77 in a research report released on Tuesday morning, MarketBeat Ratings reports. The firm currently has a hold rating on the stock.

Other analysts have also issued reports about the stock. Peel Hunt restated an “add” rating and set a GBX 85 target price on shares of Supermarket Income REIT in a research note on Wednesday, October 8th. Stifel Nicolaus boosted their price target on shares of Supermarket Income REIT from GBX 90 to GBX 95 and gave the stock a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Supermarket Income REIT presently has an average rating of “Moderate Buy” and an average price target of GBX 85.67.

Supermarket Income REIT Stock Down 0.5%

Shares of LON SUPR opened at GBX 80.23 on Tuesday. The firm has a market cap of £999.85 million, a price-to-earnings ratio of 16.37, a PEG ratio of 15.09 and a beta of 0.31. The company has a quick ratio of 1.95, a current ratio of 0.50 and a debt-to-equity ratio of 62.01. Supermarket Income REIT has a 52-week low of GBX 65.20 and a 52-week high of GBX 87. The business’s 50 day moving average is GBX 78.89 and its two-hundred day moving average is GBX 80.11.

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

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.