Supermarket Income REIT (LON:SUPR) Insider Sapna Shah Acquires 48,192 Shares of Stock

Supermarket Income REIT (LON:SUPR) insider Sapna Shah bought 48,192 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was purchased at an average cost of GBX 83 per share, for a total transaction of £39,999.36.

Supermarket Income REIT Stock Performance

SUPR traded up GBX 1.95 on Friday, reaching GBX 87.45. 12,045,941 shares of the stock were exchanged, compared to its average volume of 15,491,594. The company has a debt-to-equity ratio of 80.37, a current ratio of 1.73 and a quick ratio of 1.95. The company’s 50-day moving average price is GBX 84.52 and its 200 day moving average price is GBX 83.92. The firm has a market capitalization of £1.09 billion, a PE ratio of 17.85, a PEG ratio of 15.09 and a beta of 0.59. Supermarket Income REIT has a fifty-two week low of GBX 76.22 and a fifty-two week high of GBX 89.40.

Analyst Ratings Changes

A number of equities research analysts recently commented on SUPR shares. The Goldman Sachs Group decreased their target price on 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 reissued a “buy” rating and set a GBX 89 price target on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Supermarket Income REIT has an average rating of “Moderate Buy” and a consensus price target of GBX 89.25.

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. SUPR targets a progressive dividend and the potential for long term capital growth.