Supermarket Income REIT (LON:SUPR) Trading Down 0% – Here’s What Happened

Shares of Supermarket Income REIT (LON:SUPR) traded down 0% on Tuesday . The company traded as low as GBX 84.75 and last traded at GBX 85.15. Approximately 102,741,688 shares were traded during mid-day trading, an increase of 493% from the average daily volume of 17,324,619 shares. The stock had previously closed at GBX 85.15.

Analyst Ratings Changes

Several research firms recently commented on SUPR. Stifel Nicolaus reiterated a “buy” rating and issued a GBX 95 price objective on shares of Supermarket Income REIT in a research report on Wednesday, March 11th. The Goldman Sachs Group lowered 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 research note on Monday, March 30th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 86.25.

Supermarket Income REIT Trading Up 0.1%

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 business has a 50 day moving average of GBX 82.96 and a 200-day moving average of GBX 82.92. The stock has a market cap of £1.05 billion, a PE ratio of 17.12, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59.

Supermarket Income REIT Company Profile

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.