Supermarket Income REIT (LON:SUPR) Trading Up 0.5% – Should You Buy?

Supermarket Income REIT (LON:SUPR) was up 0.5% during trading on Thursday . The company traded as high as GBX 81.30 and last traded at GBX 80.40. Approximately 3,412,031 shares traded hands during trading, a decline of 36% from the average daily volume of 5,309,267 shares. The stock had previously closed at GBX 80.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SUPR. Stifel Nicolaus raised their target price on shares of Supermarket Income REIT from GBX 90 to GBX 95 and gave the company a “buy” rating in a report on Tuesday, October 28th. Jefferies Financial Group lifted their price objective on shares of Supermarket Income REIT from GBX 73 to GBX 77 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Finally, Peel Hunt restated an “add” rating and set a GBX 85 target price on shares of Supermarket Income REIT in a research report on Thursday, November 20th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Supermarket Income REIT has an average rating of “Moderate Buy” and an average price target of GBX 85.67.

Supermarket Income REIT Trading Up 0.5%

The company has a 50-day moving average price of GBX 80.04 and a two-hundred day moving average price of GBX 80.38. The stock has a market cap of £1.00 billion, a P/E ratio of 16.41, a P/E/G ratio of 15.09 and a beta of 0.31. The company has a current ratio of 0.50, a quick ratio of 1.95 and a debt-to-equity ratio of 62.01.

Supermarket Income REIT (LON:SUPR) last posted its quarterly earnings data on Wednesday, September 17th. The company reported GBX 6 EPS for the quarter. Supermarket Income REIT had a negative net margin of 19.76% and a negative return on equity of 1.89%. On average, research analysts expect that Supermarket Income REIT will post 6.0284281 EPS for the current fiscal year.

Insider Activity

In other news, insider Rob Abraham purchased 22,133 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was purchased at an average cost of GBX 78 per share, with a total value of £17,263.74. Also, insider Mike Perkins purchased 15,089 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The shares were purchased at an average price of GBX 79 per share, for a total transaction of £11,920.31. Insiders bought a total of 79,318 shares of company stock valued at $6,201,893 in the last 90 days. Company insiders own 0.22% of the company’s stock.

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.