Shares of J Sainsbury plc (LON:SBRY) have been given a consensus rating of “Hold” by the fifteen ratings firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is GBX 272.50 ($3.67).

A number of research firms have weighed in on SBRY. Credit Suisse Group restated an “outperform” rating and issued a GBX 320 ($4.31) price target on shares of J Sainsbury plc in a research note on Tuesday, August 29th. HSBC Holdings plc cut their price target on J Sainsbury plc from GBX 205 ($2.76) to GBX 200 ($2.70) and set a “reduce” rating on the stock in a research note on Tuesday, June 20th. Shore Capital restated a “buy” rating on shares of J Sainsbury plc in a research note on Tuesday, August 22nd. Deutsche Bank AG restated a “hold” rating and issued a GBX 300 ($4.04) price target on shares of J Sainsbury plc in a research note on Tuesday, August 1st. Finally, Barclays PLC cut their price target on J Sainsbury plc from GBX 260 ($3.51) to GBX 240 ($3.24) and set an “equal weight” rating on the stock in a research note on Friday, September 1st.

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Shares of J Sainsbury plc (LON SBRY) traded down 0.43% during trading on Friday, reaching GBX 233.30. The company’s stock had a trading volume of 7,657,909 shares. The company’s market cap is GBX 5.09 billion. J Sainsbury plc has a 52 week low of GBX 224.10 and a 52 week high of GBX 283.60. The stock’s 50 day moving average price is GBX 240.22 and its 200 day moving average price is GBX 256.78.

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).

Analyst Recommendations for J Sainsbury plc (LON:SBRY)

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