Supermarket Income REIT’s (SUPR) Add Rating Reiterated at Peel Hunt

Peel Hunt reaffirmed their add rating on shares of Supermarket Income REIT (LON:SUPR) in a research report released on Thursday morning, MarketBeat.com reports. The brokerage currently has a GBX 85 price target on the stock.

SUPR has been the topic of a number of other research reports. Stifel Nicolaus boosted their price objective on shares of Supermarket Income REIT from GBX 90 to GBX 95 and gave the stock a “buy” rating in a report on Tuesday, October 28th. Jefferies Financial Group upped their target price on Supermarket Income REIT from GBX 73 to GBX 77 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Supermarket Income REIT has a consensus rating of “Moderate Buy” and an average target price of GBX 85.67.

Supermarket Income REIT Stock Up 0.1%

Shares of Supermarket Income REIT stock opened at GBX 78 on Thursday. The company has a fifty day moving average price of GBX 79.29 and a 200 day moving average price of GBX 80.34. The company has a current ratio of 0.50, a quick ratio of 1.95 and a debt-to-equity ratio of 62.01. Supermarket Income REIT has a twelve month low of GBX 65.20 and a twelve month high of GBX 87. The stock has a market cap of £972.07 million, a price-to-earnings ratio of 15.92, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31.

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