Supermarket Income REIT (LON:SUPR – Get Free Report) insider Mike Perkins purchased 12,048 shares of the company’s stock in a transaction on Wednesday, July 15th. The shares were bought at an average cost of GBX 83 per share, with a total value of £9,999.84.
Supermarket Income REIT Price Performance
Shares of LON SUPR traded up GBX 1.95 during trading on Friday, reaching GBX 87.45. The company had a trading volume of 12,045,941 shares, 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. Supermarket Income REIT has a twelve month low of GBX 76.22 and a twelve month high of GBX 89.40. The stock has a 50-day moving average price of GBX 84.52 and a two-hundred day moving average price of GBX 83.92. The stock has a market capitalization 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 Analyst Weigh In
A number of research analysts have issued reports on the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 89 target price on shares of Supermarket Income REIT in a report on Thursday, July 2nd. The Goldman Sachs Group reduced 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. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Supermarket Income REIT has an average rating of “Moderate Buy” and an average 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.
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