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Supermarket Income REIT Director Increases Shareholding

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Supermarket Income REIT Director Increases Shareholding

TipRanks Black Friday Sale

An announcement from Supermarket Income REIT Plc ( (GB:SUPR) ) is now available.

Supermarket Income REIT PLC announced that Robert Abraham, an Executive Director, has acquired 64,229 Ordinary Shares in the company. This transaction, conducted on the London Stock Exchange, reflects a continued confidence in the company’s market position and potential for growth, as it strengthens the alignment of management interests with those of shareholders.

The most recent analyst rating on (GB:SUPR) stock is a Buy with a £95.00 price target. To see the full list of analyst forecasts on Supermarket Income REIT Plc stock, see the GB:SUPR Stock Forecast page.

Spark’s Take on GB:SUPR Stock

According to Spark, TipRanks’ AI Analyst, GB:SUPR is a Neutral.

Supermarket Income REIT Plc has a solid financial foundation with strong profitability and a robust balance sheet. The valuation is attractive due to a reasonable P/E ratio and high dividend yield. However, technical indicators suggest a neutral outlook, which slightly tempers the overall score.

To see Spark’s full report on GB:SUPR stock, click here.

More about Supermarket Income REIT Plc

Supermarket Income REIT PLC operates within the real estate investment trust (REIT) industry, focusing primarily on acquiring and managing supermarket properties across the UK. The company aims to provide investors with a reliable income stream through its portfolio of grocery store real estate assets.

Average Trading Volume: 3,020,873

Technical Sentiment Signal: Buy

Current Market Cap: £960.9M

For detailed information about SUPR stock, go to TipRanks’ Stock Analysis page.

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