J Sainsbury plc (LON:SBRY)‘s stock had its “neutral” rating reaffirmed by equities researchers at BNP Paribas in a research note issued to investors on Wednesday. They presently have a GBX 250 ($3.23) target price on the grocer’s stock. BNP Paribas’ price objective points to a potential upside of 4.34% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on SBRY. Shore Capital reissued a “buy” rating on shares of J Sainsbury plc in a research report on Monday, July 3rd. Citigroup Inc. reissued a “buy” rating and set a GBX 305 ($3.94) price target on shares of J Sainsbury plc in a research report on Tuesday, June 20th. Barclays PLC reissued an “equal weight” rating and set a GBX 260 ($3.36) price target on shares of J Sainsbury plc in a research report on Thursday, June 15th. Deutsche Bank AG reissued a “hold” rating and set a GBX 300 ($3.87) price target on shares of J Sainsbury plc in a research report on Wednesday, July 5th. Finally, Credit Suisse Group boosted their price target on J Sainsbury plc from GBX 300 ($3.87) to GBX 320 ($4.13) and gave the company an “outperform” rating in a research report on Friday, May 26th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 266.36 ($3.44).

J Sainsbury plc (LON SBRY) traded up 0.21% during trading on Wednesday, reaching GBX 239.60. The company had a trading volume of 7,894,090 shares. J Sainsbury plc has a 12 month low of GBX 224.10 and a 12 month high of GBX 283.60. The firm’s 50 day moving average is GBX 241.06 and its 200-day moving average is GBX 257.55. The company’s market capitalization is GBX 5.23 billion.

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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).

Analyst Recommendations for J Sainsbury plc (LON:SBRY)

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