J Sainsbury plc (SBRY) Receives Average Recommendation of “Hold” from Analysts
J Sainsbury plc (LON:SBRY) has earned an average recommendation of “Hold” from the twenty analysts that are covering the stock. Five research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 251.14 ($3.14).
SBRY has been the topic of several research reports. Barclays PLC restated an “equal weight” rating and set a GBX 260 ($3.25) price target on shares of J Sainsbury plc in a research note on Wednesday, November 16th. Shore Capital restated a “buy” rating on shares of J Sainsbury plc in a research note on Wednesday, November 9th. BNP Paribas restated an “outperform” rating and set a GBX 260 ($3.25) price target on shares of J Sainsbury plc in a research note on Friday, August 5th. Deutsche Bank AG restated a “buy” rating and set a GBX 280 ($3.50) price target on shares of J Sainsbury plc in a research note on Thursday, September 29th. Finally, Beaufort Securities restated a “hold” rating on shares of J Sainsbury plc in a research note on Thursday, September 29th.
In other news, insider Ed Barker sold 21,894 shares of the business’s stock in a transaction that occurred on Tuesday, November 22nd. The stock was sold at an average price of GBX 237 ($2.96), for a total value of £51,888.78 ($64,828.56).
J Sainsbury plc (LON:SBRY) remained flat at GBX 236.00 during trading on Friday. 5,318,594 shares of the stock were exchanged. The company’s market capitalization is GBX 4.61 billion. J Sainsbury plc has a 52 week low of GBX 211.50 and a 52 week high of GBX 294.40. The stock’s 50 day moving average is GBX 240.75 and its 200 day moving average is GBX 240.78.
The firm also recently disclosed a dividend, which will be paid on Wednesday, January 4th. Stockholders of record on Thursday, November 17th will be given a GBX 3.60 ($0.04) dividend. This represents a dividend yield of 1.51%. The ex-dividend date is Thursday, November 17th.
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).
Receive News & Stock 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 stocks with our FREE daily email newsletter.