Supermarket Income REIT PLC with ticker (LON:SUPR) now has a potential upside of 4.5% 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 78 GBX at opening today (22/02/2024) indicates a potential upside of 4.5%. Trading has ranged between 70 (52 week low) and 96 (52 week high) with an average of 1,784,346 shares exchanging hands daily. The market capitalisation at the time of writing is £958,357,810.
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 4.5% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
Latest Company News
Supermarket Income REIT has completed the €1.23bn acquisition of 201 Carrefour supermarkets across France through a sale and leaseback transaction, achieving a net initial yield of 6.6%.
Supermarket Income REIT has completed £40.9 million of acquisitions across two transactions, with an average net initial yield of 6.4%.
Supermarket Income REIT announced an interim dividend of 1.545p per ordinary share for the quarter to 30 September 2025.
Supermarket Income REIT has issued its inaugural £250 million senior unsecured bond maturing in six years, priced at a 5.125 % coupon and 115 bps over benchmark amid an orderbook exceeding £985 million.
Supermarket Income REIT plc has purchased a 93,000 sq ft Tesco omnichannel supermarket and petrol filling station in Ashford, Kent for £54.1 million, delivering a 7.0% net initial yield on a nine-year lease with RPI-linked reviews.
Supermarket Income REIT plc has announced an interim dividend of 1.53 pence per ordinary share for the period 1 April to 30 June 2025.
