Supermarket Income REIT (LON:SUPR – Get Free Report) insider Roger Blundell bought 50,000 shares of the firm’s stock in a transaction dated 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 Stock Up 2.3%
Shares of LON:SUPR traded up GBX 1.95 on Friday, hitting GBX 87.45. 12,045,941 shares of the company traded hands, compared to its average volume of 15,491,594. Supermarket Income REIT has a 52 week low of GBX 76.22 and a 52 week high of GBX 89.40. The stock has a 50 day simple moving average of GBX 84.52 and a 200-day simple moving average of GBX 83.92. The company has a market cap of £1.09 billion, a PE ratio of 17.85, a PEG 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.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on SUPR shares. Jefferies Financial Group restated a “buy” rating and set a GBX 89 price target on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. The Goldman Sachs Group dropped their price objective 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 a consensus 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.
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.
