J Sainsbury plc (SBRY) Given Consensus Rating of “Hold” by Analysts
J Sainsbury plc (LON:SBRY) has been assigned a consensus recommendation of “Hold” from the twenty brokerages that are presently covering the company. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is GBX 249.21 ($3.04).
Several equities analysts recently issued reports on the company. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 270 ($3.29) price objective on shares of J Sainsbury plc in a research report on Wednesday, September 21st. HSBC reiterated a “reduce” rating and set a GBX 185 ($2.25) target price on shares of J Sainsbury plc in a research note on Thursday, September 29th. Goldman Sachs Group Inc. reiterated a “sell” rating and set a GBX 178 ($2.17) target price on shares of J Sainsbury plc in a research note on Monday, June 27th. BNP Paribas reiterated an “outperform” rating and set a GBX 265 ($3.23) target price on shares of J Sainsbury plc in a research note on Thursday, September 29th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of J Sainsbury plc in a research note on Wednesday, July 27th.
J Sainsbury plc (LON:SBRY) traded up 1.23% during midday trading on Wednesday, reaching GBX 237.90. The company had a trading volume of 6,794,776 shares. J Sainsbury plc has a 52 week low of GBX 211.50 and a 52 week high of GBX 294.40. The company’s market capitalization is GBX 4.56 billion. The firm has a 50-day moving average price of GBX 241.81 and a 200-day moving average price of GBX 248.32.
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In other J Sainsbury plc news, insider Harris,Mary acquired 13,119 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were bought at an average cost of GBX 227 ($2.77) per share, with a total value of £29,780.13 ($36,295.10). Also, insider Tyler,David A acquired 25,000 shares of the business’s stock in a transaction that occurred on Friday, July 29th. The shares were acquired at an average cost of GBX 223 ($2.72) per share, for a total transaction of £55,750 ($67,946.37).
J Sainsbury plc Company Profile
J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).
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