Peel Hunt Reaffirms Add Rating for Supermarket Income REIT (LON:SUPR)

Key Points

• Peel Hunt has reaffirmed an "add" rating for Supermarket Income REIT (LON:SUPR) with a price target of GBX 85, indicating a potential upside of 9.07% from the current price.
• Jefferies Financial Group maintains a "hold" rating with a price objective of GBX 73, while analysts have mixed ratings with one "buy" and two "hold" for the stock.
• The company reported a quarterly earnings per share (EPS) of GBX 6, alongside a negative return on equity of 1.89% and a negative net margin of 19.76%.

Supermarket Income REIT (LON:SUPR - Get Free Report)'s stock had its "add" rating reiterated by investment analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, Marketbeat.com reports. They currently have a GBX 85 price objective on the stock. Peel Hunt's price target points to a potential upside of 9.07% from the company's current price.

Separately, Jefferies Financial Group restated a "hold" rating and set a GBX 73 price objective on shares of Supermarket Income REIT in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of GBX 79.

Supermarket Income REIT Trading Up 0.3%

LON:SUPR opened at GBX 77.93 on Wednesday. Supermarket Income REIT has a 12-month low of GBX 65.20 and a 12-month high of GBX 87. The firm has a market capitalization of £971.24 million, a P/E ratio of 1,590.49, a P/E/G ratio of 15.09 and a beta of 0.31. The company has a debt-to-equity ratio of 62.01, a current ratio of 0.50 and a quick ratio of 1.95. The business has a 50 day simple moving average of GBX 78.97 and a 200 day simple moving average of GBX 79.59.

Supermarket Income REIT (LON:SUPR - Get Free Report) last released its quarterly earnings data 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%. Equities research analysts predict that Supermarket Income REIT will post 6.0284281 EPS for the current year.

Insider Buying and Selling at Supermarket Income REIT

In other Supermarket Income REIT news, insider Andrew Nicholas Hewson bought 41,000 shares of the business's stock in a transaction on Thursday, July 24th. The shares were purchased at an average price of GBX 78 per share, with a total value of £31,980. Also, insider Sapna Shah bought 63,945 shares of the business's stock in a transaction on Thursday, July 24th. The shares were acquired at an average cost of GBX 78 per share, for a total transaction of £49,877.10. 0.20% of the stock is owned by insiders.

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.

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