Supermarket Income REIT (LON:SUPR) Given Reduce Rating at Peel Hunt

Peel Hunt reaffirmed their reduce rating on shares of Supermarket Income REIT (LON:SUPR – Get Rating) in a research note issued to investors on Tuesday, MarketBeat Ratings reports. The firm currently has a GBX 85 ($1.04) target price on the stock.

Separately, Shore Capital restated a hold rating on shares of Supermarket Income REIT in a research report on Wednesday, December 7th.

Supermarket Income REIT Price Performance

LON SUPR opened at GBX 87.60 ($1.07) on Tuesday. Supermarket Income REIT has a 52 week low of GBX 82.75 ($1.01) and a 52 week high of GBX 135 ($1.65). The company has a current ratio of 1.97, a quick ratio of 1.95 and a debt-to-equity ratio of 24.33. The stock has a market cap of £1.09 billion, a price-to-earnings ratio of 793.64, a price-to-earnings-growth ratio of 15.72 and a beta of 0.22. The company has a 50-day moving average price of GBX 96.80 and a two-hundred day moving average price of GBX 103.27.

Supermarket Income REIT Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 23rd. Stockholders of record on Thursday, January 19th were issued a GBX 1.50 ($0.02) dividend. This represents a dividend yield of 1.46%. The ex-dividend date of this dividend was Thursday, January 19th. Supermarket Income REIT’s dividend payout ratio (DPR) is presently 5,454.55%.

Supermarket Income REIT Company Profile

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Supermarket Income REIT plc (LSE: SUPR) is a real estate investment trust dedicated to investing in grocery properties which are an essential part of the UK's feed the nation infrastructure. The Company focuses on grocery stores which are omnichannel, fulfilling online and in-person sales. All of the Company's 45 properties are let to leading UK supermarket operators, diversified by both tenant and geography.