Supermarket Income REIT (LON:SUPR) Price Target Raised to GBX 77

by · The Cerbat Gem

Supermarket Income REIT (LON:SUPR – Free Report) had its target price increased by Jefferies Financial Group from GBX 73 to GBX 77 in a research note published on Tuesday morning, MarketBeat.com reports. The brokerage currently has a hold rating on the stock.

Other equities analysts have also issued reports about the company. Peel Hunt reissued an “add” rating and set a GBX 85 price objective on shares of Supermarket Income REIT in a report on Wednesday, October 8th. Stifel Nicolaus increased their target price on Supermarket Income REIT from GBX 90 to GBX 95 and gave the stock a “buy” rating in a research report on Tuesday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Supermarket Income REIT presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 85.67.

View Our Latest Stock Report on SUPR

Supermarket Income REIT Stock Performance

SUPR stock opened at GBX 79.50 on Tuesday. The firm has a market cap of £990.76 million, a PE ratio of 16.22, a P/E/G ratio of 15.09 and a beta of 0.31. The company has a quick ratio of 1.95, a current ratio of 0.50 and a debt-to-equity ratio of 62.01. The business has a 50 day moving average of GBX 78.91 and a 200-day moving average of GBX 80.13. Supermarket Income REIT has a 12-month low of GBX 65.20 and a 12-month high of GBX 87.

Supermarket Income REIT (LON:SUPR – Get Free Report) last released its earnings results on Wednesday, September 17th. The company reported GBX 6 earnings per share (EPS) for the quarter. Supermarket Income REIT had a negative return on equity of 1.89% and a negative net margin of 19.76%. As a group, sell-side analysts expect that Supermarket Income REIT will post 6.0284281 earnings per share for the current year.

About Supermarket Income REIT

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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.

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