Shares of J Sainsbury plc (LON:SBRY) have been given an average rating of “Hold” by the fifteen analysts that are covering the firm. Three equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among analysts that have covered the stock in the last year is GBX 255.77 ($3.33).

Several equities research analysts have recently issued reports on the stock. Shore Capital reiterated a “buy” rating on shares of J Sainsbury plc in a research report on Wednesday, May 3rd. HSBC Holdings plc reiterated a “reduce” rating and set a GBX 205 ($2.67) price objective on shares of J Sainsbury plc in a research report on Sunday, April 30th. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 305 ($3.97) price objective on shares of J Sainsbury plc in a research report on Monday, March 20th. Goldman Sachs Group Inc reiterated a “sell” rating and set a GBX 205 ($2.67) price objective on shares of J Sainsbury plc in a research report on Wednesday, March 22nd. Finally, Deutsche Bank AG reiterated a “hold” rating and set a GBX 300 ($3.90) price objective on shares of J Sainsbury plc in a research report on Tuesday, April 25th.

In related news, insider Michael Andrew Coupe sold 86,095 shares of J Sainsbury plc stock in a transaction dated Thursday, May 4th. The stock was sold at an average price of GBX 259 ($3.37), for a total value of £222,986.05 ($290,082.02). Also, insider Jean Tomlin acquired 3,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 11th. The stock was purchased at an average price of GBX 265 ($3.45) per share, with a total value of £8,215 ($10,686.87). Insiders purchased 25,111 shares of company stock valued at $6,676,509 over the last 90 days.

ILLEGAL ACTIVITY NOTICE: “J Sainsbury plc (SBRY) Receives Average Recommendation of “Hold” from Analysts” was first posted by American Banking News and is the property of of American Banking News. If you are reading this report on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark & copyright laws. The original version of this report can be read at https://www.americanbankingnews.com/2017/05/22/j-sainsbury-plc-sbry-receives-average-recommendation-of-hold-from-analysts-2.html.

J Sainsbury plc (LON:SBRY) traded up 1.35% during trading on Monday, reaching GBX 278.00. 6,172,575 shares of the company’s stock were exchanged. J Sainsbury plc has a 12-month low of GBX 211.50 and a 12-month high of GBX 282.30. The company’s market cap is GBX 5.96 billion. The stock’s 50-day moving average is GBX 266.32 and its 200-day moving average is GBX 257.88.

The company also recently disclosed a dividend, which will be paid on Friday, July 7th. Investors of record on Thursday, May 11th will be issued a GBX 6.60 ($0.09) dividend. This is an increase from J Sainsbury plc’s previous dividend of $3.60. This represents a dividend yield of 2.36%. The ex-dividend date is Thursday, May 11th.

About J Sainsbury plc

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).

12 Month Chart for LON:SBRY

Receive News & Ratings for J Sainsbury plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury plc and related companies with MarketBeat.com's FREE daily email newsletter.