Key Points
- Insider Roger Blundell sold 50,000 Supermarket Income REIT shares at GBX 86 each, generating approximately £43,000 in proceeds.
- The sale follows Blundell’s purchase of 50,000 shares at GBX 83 in July, representing a gain of about £1,500 before transaction costs.
- Analysts remain broadly positive, with a consensus “Moderate Buy” rating and an average price target of GBX 93, versus the stock’s opening price of GBX 85.85.
Supermarket Income REIT (LON:SUPR - Get Free Report) insider Roger Blundell sold 50,000 shares of the firm's stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of GBX 86, for a total transaction of £43,000.
Roger Blundell also recently made the following trade(s):
- On Wednesday, July 15th, Roger Blundell bought 50,000 shares of Supermarket Income REIT stock. The shares were acquired at an average price of GBX 83 per share, for a total transaction of £41,500.
Supermarket Income REIT Stock Performance
LON SUPR opened at GBX 85.85 on Friday. The stock has a market cap of £1.07 billion, a P/E ratio of 17.52, a PEG ratio of 15.09 and a beta of 0.59. The company's 50-day simple moving average is GBX 86.26 and its 200 day simple moving average is GBX 84.40. Supermarket Income REIT has a twelve month low of GBX 76.22 and a twelve month high of GBX 89.40. The company has a quick ratio of 1.95, a current ratio of 1.73 and a debt-to-equity ratio of 80.37.
Wall Street Analyst Weigh In
SUPR has been the topic of several analyst reports. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 89 price objective on shares of Supermarket Income REIT in a research note on Thursday, July 2nd. Peel Hunt upgraded Supermarket Income REIT to a "buy" rating and raised their target price for the stock from GBX 90 to GBX 100 in a research report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 93.
View Our Latest Report on SUPR
Supermarket Income REIT Company Profile
(
Get Free Report)
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.
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