Supermarket Income REIT (LON:SUPR – Get Free Report) insider Mike Perkins purchased 12,048 shares of the stock in a transaction that occurred on Wednesday, July 15th. The stock was bought at an average price of GBX 83 per share, with a total value of £9,999.84.
Supermarket Income REIT Trading Up 3.0%
LON:SUPR opened at GBX 88.05 on Friday. The business’s 50-day moving average is GBX 84.64 and its two-hundred day moving average is GBX 83.95. The company has a debt-to-equity ratio of 80.37, a current ratio of 1.73 and a quick ratio of 1.95. Supermarket Income REIT has a 12 month low of GBX 76.22 and a 12 month high of GBX 89.40. The firm has a market capitalization of £1.10 billion, a PE ratio of 17.97, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on SUPR. The Goldman Sachs Group dropped their target price on Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating on the stock in a report on Monday, March 30th. Jefferies Financial Group restated a “buy” rating and issued a GBX 89 price target on shares of Supermarket Income REIT in a report on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 89.25.
Supermarket Income REIT Company Profile
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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