Supermarket Income REIT (LON:SUPR) Insider Cathryn Vanderspar Purchases 24,096 Shares of Stock

Supermarket Income REIT (LON:SUPR) insider Cathryn Vanderspar acquired 24,096 shares of the stock in a transaction dated Wednesday, July 15th. The shares were bought at an average cost of GBX 83 per share, for a total transaction of £19,999.68.

Supermarket Income REIT Stock Up 3.0%

SUPR opened at GBX 88.05 on Friday. The firm has a market cap of £1.10 billion, a P/E 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. The business has a 50 day moving average price of GBX 84.64 and a 200 day moving average price of GBX 83.95. Supermarket Income REIT has a twelve month low of GBX 76.22 and a twelve month high of GBX 89.40.

Analysts Set New Price Targets

Several research firms recently issued reports on SUPR. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 89 price objective on shares of Supermarket Income REIT in a report on Thursday, July 2nd. The Goldman Sachs Group cut their target price 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 analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently 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.