Supermarket Income REIT (LON:SUPR – Get Free Report) insider Rob Abraham bought 60,240 shares of Supermarket Income REIT stock in a transaction dated Wednesday, July 15th. The shares were bought at an average cost of GBX 83 per share, with a total value of £49,999.20.
Supermarket Income REIT Stock Performance
Shares of SUPR stock traded up GBX 1.95 on Friday, hitting 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 current ratio of 1.73, a quick ratio of 1.95 and a debt-to-equity ratio of 80.37. The firm has a market capitalization of £1.09 billion, a PE ratio of 17.85, a P/E/G ratio of 15.09 and a beta of 0.59. Supermarket Income REIT has a one year low of GBX 76.22 and a one year high of GBX 89.40. The firm’s 50 day moving average is GBX 84.52 and its two-hundred day moving average is GBX 83.92.
Analysts Set New Price Targets
Several analysts have recently issued reports on SUPR shares. The Goldman Sachs Group lowered their price target on shares of Supermarket Income REIT from GBX 93 to GBX 88 and set a “neutral” rating on the stock in a research report on Monday, March 30th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 89 price objective on shares of Supermarket Income REIT in a research note 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. Based on data from MarketBeat, the stock 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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