Supermarket Income REIT (LON:SUPR – Get Free Report) insider Rob Abraham bought 60,240 shares of the stock in a transaction on Wednesday, July 15th. The stock was purchased at an average price of GBX 83 per share, for a total transaction of £49,999.20.
Supermarket Income REIT Price Performance
LON:SUPR traded up GBX 1.95 during trading hours on Friday, hitting GBX 87.45. The stock had a trading volume of 12,045,941 shares, compared to its average volume of 15,491,594. The company has a 50 day simple moving average of GBX 84.52 and a two-hundred day simple moving average of GBX 83.92. The firm has a market capitalization of £1.09 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 15.09 and a beta of 0.59. The company has a debt-to-equity ratio of 80.37, a current ratio of 1.73 and a quick ratio of 1.95. Supermarket Income REIT has a one year low of GBX 76.22 and a one year high of GBX 89.40.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 89 price objective on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. The Goldman Sachs Group decreased their target price on 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 equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 89.25.
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.
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