Supermarket Income REIT PLC with ticker (LON:SUPR) now has a potential upside of 1.4% according to Berenberg Bank.
Berenberg Bank set a target price of 81 GBX for the company, which when compared to the Supermarket Income REIT PLC share price of 80 GBX at opening today (16/02/2024) indicates a potential upside of 1.4%. Trading has ranged between 70 (52 week low) and 98 (52 week high) with an average of 1,917,898 shares exchanging hands daily. The market capitalisation at the time of writing is £957,111,590.
Supermarket Income REIT plc is a United Kingdom-based real estate investment trust. The principal activity of the Company and its subsidiaries is to provide its shareholders with an attractive level of income together with the potential for capital growth by investing in a diversified portfolio of supermarket real estate assets in the United Kingdom. The Company is focused on grocery stores, which are omnichannel, fulfilling online and in-person sales. The Company has 51 stores.
Supermarket Income REIT PLC 1.4% potential upside indicated by Berenberg Bank
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- Written by: Charlotte Edwards
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Supermarket Income REIT plc announces an interim dividend of 1.53 pence per share for Q3 2024, emphasizing a cash payout for all eligible shareholders.
Supermarket Income REIT plc has acquired a Tesco omnichannel supermarket in Stoke-on-Trent, Staffordshire for £34.7 million. Learn more about this latest acquisition and the revised investment advisory agreement in place.
Supermarket Income REIT plc (LON:SUPR) will announce its half year results on 13 March 2024. Learn more about this UK grocery property investment trust here.
