Supermarket Income REIT (LON:SUPR – Get Free Report) insider Cathryn Vanderspar bought 24,096 shares of the firm’s stock in a transaction on Wednesday, July 15th. The shares were acquired at an average price of GBX 83 per share, for a total transaction of £19,999.68.
Supermarket Income REIT Stock Up 3.0%
Shares of 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 firm’s 50 day moving average is GBX 84.64 and its 200-day moving average is GBX 83.97. The stock has a market capitalization 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.
Analysts Set New Price Targets
A number of equities analysts have commented on SUPR shares. Jefferies Financial Group restated a “buy” rating and set a GBX 89 price objective on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. The Goldman Sachs Group reduced 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. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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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