Supermarket Income REIT (LON:SUPR – Get Free Report) insider Roger Blundell bought 50,000 shares of Supermarket Income REIT stock in a transaction that occurred on Wednesday, July 15th. The stock was purchased at an average cost of GBX 83 per share, with a total value of £41,500.
Supermarket Income REIT Price Performance
LON:SUPR traded up GBX 1.95 during trading hours on Friday, hitting GBX 87.45. 12,045,941 shares of the stock traded hands, compared to its average volume of 15,491,594. The company has a quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37. Supermarket Income REIT has a 1 year low of GBX 76.22 and a 1 year high of GBX 89.40. The company has a market cap of £1.09 billion, a price-to-earnings ratio of 17.85, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59. The stock has a 50 day moving average price of GBX 84.52 and a 200 day moving average price of GBX 83.92.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating for the company in a report on Monday, March 30th. Jefferies Financial Group restated a “buy” rating and issued a GBX 89 price objective on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average 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.
Further Reading
- Five stocks we like better than Supermarket Income REIT
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
- Sandisk: What the Chart Is Trying to Tell Us
Receive News & Ratings for Supermarket Income REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Supermarket Income REIT and related companies with MarketBeat.com's FREE daily email newsletter.
