Supermarket Income REIT (LON:SUPR) Given “Add” Rating at Peel Hunt

Supermarket Income REIT (LON:SUPR)‘s stock had its “add” rating reiterated by investment analysts at Peel Hunt in a research note issued on Monday,Digital Look reports. They presently have a GBX 85 price objective on the stock. Peel Hunt’s price target would suggest a potential upside of 4.81% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Stifel Nicolaus lifted their target price on Supermarket Income REIT from GBX 90 to GBX 95 and gave the company a “buy” rating in a research report on Tuesday, October 28th. Jefferies Financial Group raised their price objective on Supermarket Income REIT from GBX 73 to GBX 77 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 85.67.

Supermarket Income REIT Stock Up 0.6%

Shares of SUPR stock opened at GBX 81.10 on Monday. The company has a current ratio of 0.50, a quick ratio of 1.95 and a debt-to-equity ratio of 62.01. Supermarket Income REIT has a 12 month low of GBX 65.20 and a 12 month high of GBX 87. The stock has a market cap of £1.01 billion, a P/E ratio of 16.55, a P/E/G ratio of 15.09 and a beta of 0.31. The company has a 50 day simple moving average of GBX 79.08 and a two-hundred day simple moving average of GBX 80.23.

Supermarket Income REIT (LON:SUPR) last issued its quarterly earnings results on Wednesday, September 17th. The company reported GBX 6 earnings per share for the quarter. Supermarket Income REIT had a negative net margin of 19.76% and a negative return on equity of 1.89%. On average, research analysts expect that Supermarket Income REIT will post 6.0284281 earnings per share for the current year.

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.