J Sainsbury plc (LON:SBRY) declared a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 3.30 ($0.04) per share by the grocer on Friday, December 20th. This represents a yield of 1.61%. The ex-dividend date is Thursday, November 14th. The official announcement can be seen at this link.
J Sainsbury stock opened at GBX 205.49 ($2.69) on Thursday. The firm has a market cap of $4.55 billion and a PE ratio of 23.09. The company has a debt-to-equity ratio of 24.73, a quick ratio of 0.46 and a current ratio of 0.67. The firm’s 50 day moving average price is GBX 212.89 and its two-hundred day moving average price is GBX 205.33. J Sainsbury has a twelve month low of GBX 177.05 ($2.31) and a twelve month high of GBX 327.20 ($4.28).
Several research analysts have weighed in on SBRY shares. Goldman Sachs Group upgraded shares of J Sainsbury to a “neutral” rating and upped their price objective for the company from GBX 219 ($2.86) to GBX 220 ($2.87) in a research note on Tuesday. Shore Capital reiterated a “hold” rating on shares of J Sainsbury in a research note on Thursday. Berenberg Bank reiterated a “hold” rating and issued a GBX 235 ($3.07) price objective on shares of J Sainsbury in a research note on Thursday, September 26th. UBS Group reissued a “buy” rating on shares of J Sainsbury in a research report on Tuesday, September 24th. Finally, Deutsche Bank raised shares of J Sainsbury to a “buy” rating in a research report on Monday, September 23rd. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 227.36 ($2.97).
J Sainsbury Company Profile
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail – Food; Retail – General Merchandise and Clothing; Financial Services; and Property Investment.
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