Supermarket Income REIT (LON:SUPR – Get Free Report) insider Rob Abraham purchased 60,240 shares of the business’s stock in a transaction on Wednesday, July 15th. The stock was purchased at an average cost of GBX 83 per share, with a total value of £49,999.20.
Supermarket Income REIT Price Performance
Shares of LON SUPR opened at GBX 88.05 on Monday. The stock’s 50-day simple moving average is GBX 84.64 and its two-hundred day simple moving average is GBX 83.97. Supermarket Income REIT has a twelve month low of GBX 76.22 and a twelve month high of GBX 89.40. The firm has a market capitalization of £1.10 billion, a P/E ratio of 17.97, a P/E/G ratio of 15.09 and a beta of 0.59. The company has a quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37.
Analyst Ratings Changes
Several analysts have weighed in on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 89 price objective on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. The Goldman Sachs Group cut their target price on shares of 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 investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average 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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