Supermarket Income REIT (LON:SUPR) Earns Add Rating from Peel Hunt

Supermarket Income REIT (LON:SUPR)‘s stock had its “add” rating restated by research analysts at Peel Hunt in a report issued on Thursday,London Stock Exchange reports. They currently have a GBX 85 target price on the stock. Peel Hunt’s price target would indicate a potential upside of 9.11% from the stock’s previous close.

A number of other brokerages have also recently commented on SUPR. Stifel Nicolaus lifted their price target on Supermarket Income REIT from GBX 90 to GBX 95 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. Jefferies Financial Group upped their target price on shares of Supermarket Income REIT from GBX 73 to GBX 77 and gave the stock a “hold” rating in a research report on Tuesday, October 28th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 85.67.

Supermarket Income REIT Stock Performance

Supermarket Income REIT stock traded up GBX 0.10 during mid-day trading on Thursday, reaching GBX 77.90. 1,600,708 shares of the company’s stock were exchanged, compared to its average volume of 4,878,736. The business’s fifty day simple moving average is GBX 79.31 and its 200 day simple moving average is GBX 80.35. The company has a quick ratio of 1.95, a current ratio of 0.50 and a debt-to-equity ratio of 62.01. The firm has a market capitalization of £970.82 million, a PE ratio of 15.90, a P/E/G ratio of 15.09 and a beta of 0.31. Supermarket Income REIT has a one year low of GBX 65.20 and a one year high of GBX 87.

Supermarket Income REIT (LON:SUPR) last announced its quarterly earnings data 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%. On average, sell-side analysts expect that Supermarket Income REIT will post 6.0284281 earnings per share 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.