Supermarket Income REIT (LON:SUPR) Insider Andrew Nicholas Hewson Buys 12,000 Shares of Stock

Supermarket Income REIT (LON:SUPR) insider Andrew Nicholas Hewson purchased 12,000 shares of the stock in a transaction that occurred on Wednesday, July 15th. The shares were acquired at an average price of GBX 83 per share, for a total transaction of £9,960.

Supermarket Income REIT Stock Up 3.0%

Shares of LON SUPR opened at GBX 88.05 on Monday. Supermarket Income REIT has a 12-month low of GBX 76.22 and a 12-month high of GBX 89.40. The stock has a market cap of £1.10 billion, a PE ratio of 17.97, a P/E/G ratio of 15.09 and a beta of 0.59. The company has a current ratio of 1.73, a quick ratio of 1.95 and a debt-to-equity ratio of 80.37. The company has a 50-day moving average of GBX 84.64 and a 200 day moving average of GBX 83.97.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SUPR. The Goldman Sachs Group dropped their price target on 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. Jefferies Financial Group reiterated a “buy” rating and set a GBX 89 price objective on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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.