Supermarket Income REIT (LON:SUPR) Insider Sapna Shah Buys 48,192 Shares

Supermarket Income REIT (LON:SUPR) insider Sapna Shah purchased 48,192 shares of the firm’s stock in a transaction dated Wednesday, July 15th. The shares were bought at an average cost of GBX 83 per share, with a total value of £39,999.36.

Supermarket Income REIT Trading Up 2.3%

LON:SUPR traded up GBX 1.95 during midday trading 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 quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37. The stock has a 50-day moving average of GBX 84.52 and a 200 day moving average of GBX 83.92. The company has a market capitalization of £1.09 billion, a price-to-earnings ratio of 17.85, a PEG ratio of 15.09 and a beta of 0.59. 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 brokerages recently weighed in on SUPR. The Goldman Sachs Group dropped 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. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 89 price target on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price 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.