Supermarket Income REIT's (SUPR) Hold Rating Reiterated at Jefferies Financial Group

Key Points

• Supermarket Income REIT's stock received a "hold" rating from Jefferies Financial Group, with a price target of GBX 73, indicating a potential downside of 6.41% from its previous close.
• Insiders have been active, with two executives purchasing shares at an average cost of GBX 78, signifying confidence in the company's performance.
• The company reported earnings per share (EPS) of GBX 6 for the last quarter, 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 "hold" rating reaffirmed by equities research analysts at Jefferies Financial Group in a report issued on Tuesday,Digital Look reports. They currently have a GBX 73 price target on the stock. Jefferies Financial Group's price objective indicates a potential downside of 6.41% from the stock's previous close.

Separately, Peel Hunt reissued an "add" rating and issued a GBX 85 price objective on shares of Supermarket Income REIT in a research note on Wednesday, September 17th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of GBX 79.

Supermarket Income REIT Trading Down 0.4%

LON:SUPR opened at GBX 78 on Tuesday. The company has a quick ratio of 1.95, a current ratio of 0.50 and a debt-to-equity ratio of 62.01. Supermarket Income REIT has a 1-year low of GBX 65.20 and a 1-year high of GBX 87. The firm has a market capitalization of £972.07 million, a price-to-earnings ratio of 1,392.86, a price-to-earnings-growth ratio of 15.09 and a beta of 0.31. The stock has a fifty day simple moving average of GBX 79.55 and a 200 day simple moving average of GBX 79.43.

Supermarket Income REIT (LON:SUPR - Get Free Report) last announced 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%. Sell-side analysts forecast that Supermarket Income REIT will post 6.0284281 earnings per share for the current year.

Insider Activity at Supermarket Income REIT

In other news, insider Sapna Shah acquired 63,945 shares of the stock in a transaction dated Thursday, July 24th. The shares were acquired at an average cost of GBX 78 per share, for a total transaction of £49,877.10. Also, insider Andrew Nicholas Hewson purchased 41,000 shares of the stock in a transaction on Thursday, July 24th. The stock was bought at an average price of GBX 78 per share, for a total transaction of £31,980. Insiders own 0.19% of the company's stock.

Supermarket Income REIT Company Profile

Supermarket Income REIT plc (LSE: SUPR, JSE: SRI) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. The Company's supermarkets are let to leading supermarket operators in the UK and Europe, diversified by both tenant and geography. The Company's assets earn long-dated, secure, inflation-linked, growing income.

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