Supermarket Income REIT (LON:SUPR) Insider Sells £43,000 in Stock

Supermarket Income REIT (LON:SUPR) insider Roger Blundell sold 50,000 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of GBX 86, for a total value of £43,000.

Roger Blundell also recently made the following trade(s):

• On Wednesday, July 15th, Roger Blundell acquired 50,000 shares of Supermarket Income REIT stock. The stock was bought at an average cost of GBX 83 per share, for a total transaction of £41,500.

Supermarket Income REIT Stock Up 0.5%

LON SUPR opened at GBX 85.85 on Monday. The stock’s 50-day moving average price is GBX 86.26 and its 200-day moving average price is GBX 84.39. Supermarket Income REIT has a 52 week low of GBX 76.22 and a 52 week high of GBX 89.40. The company has a market capitalization of £1.07 billion, a P/E ratio of 17.52, a price-to-earnings-growth ratio of 15.09 and a beta of 0.59. The company has a quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Peel Hunt upgraded shares of Supermarket Income REIT to a “buy” rating and upped their price objective for the company from GBX 90 to GBX 100 in a report on Wednesday, August 5th. Jefferies Financial Group restated a “buy” rating and set a GBX 89 price target 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 given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 93.

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.