Supermarket Income REIT (LON:SUPR – Get Free Report) insider Mike Perkins bought 12,048 shares of the stock in a transaction on Wednesday, July 15th. The shares were bought at an average price of GBX 83 per share, for a total transaction of £9,999.84.
Supermarket Income REIT Price Performance
Shares of SUPR stock traded up GBX 1.95 during midday trading on Friday, reaching GBX 87.45. 12,045,941 shares of the company traded hands, compared to its average volume of 15,491,594. The firm’s 50 day simple moving average is GBX 84.52 and its two-hundred day simple moving average is GBX 83.92. 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 debt-to-equity ratio of 80.37, a current ratio of 1.73 and a quick ratio of 1.95. The firm has a market cap of £1.09 billion, a PE ratio of 17.85, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59.
Wall Street Analysts Forecast Growth
SUPR has been the subject of several research reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 89 target price on shares of Supermarket Income REIT in a research report on Thursday, July 2nd. The Goldman Sachs Group dropped their price target on Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating for the company in a research report on Monday, March 30th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price 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.
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