Supermarket Income REIT (LON:SUPR) Stock Price Target Lowered at Deutsche Bank Aktiengesellschaft

Supermarket Income REIT (LON:SUPR) had its price objective trimmed by Deutsche Bank Aktiengesellschaft from GBX 92 to GBX 91 in a research report report published on Friday,London Stock Exchange reports. The brokerage currently has a hold rating on the stock.

SUPR has been the subject of several other reports. Jefferies Financial Group restated a “buy” rating and set a GBX 89 target price on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. Peel Hunt raised Supermarket Income REIT to a “buy” rating and raised their price target for the company from GBX 90 to GBX 100 in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 92.60.

Supermarket Income REIT Price Performance

Shares of LON:SUPR opened at GBX 81.10 on Friday. The firm has a fifty day moving average price of GBX 84.52 and a two-hundred day moving average price of GBX 84.02. The company has a market cap of £1.11 billion, a price-to-earnings ratio of 11.75, a PEG ratio of 15.09 and a beta of 0.59. Supermarket Income REIT has a one year low of GBX 76.80 and a one year high of GBX 89.40.

Supermarket Income REIT (LON:SUPR) last released its quarterly earnings results on Wednesday, September 16th. The company reported GBX 5.70 earnings per share for the quarter. Supermarket Income REIT had a net margin of 75.21% and a return on equity of 7.76%. Equities research analysts expect that Supermarket Income REIT will post 6.0284281 EPS for the current fiscal year.

Insider Transactions at Supermarket Income REIT

In related news, insider Cathryn Vanderspar acquired 24,096 shares of the company’s stock in a transaction dated Wednesday, July 15th. The stock was bought at an average cost of GBX 83 per share, with a total value of £19,999.68. Also, insider Sapna Shah bought 48,192 shares of the business’s stock in a transaction that occurred on Wednesday, July 15th. The stock was bought at an average price of GBX 83 per share, with a total value of £39,999.36. Over the last ninety days, insiders have purchased 255,247 shares of company stock worth $21,173,398. Company insiders own 0.25% of the company’s stock.

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.