Brokerages Set J Sainsbury plc (JSAIY) Price Target at $15.00
Shares of J Sainsbury plc (NASDAQ:JSAIY) have earned a consensus rating of “Hold” from the nine ratings firms that are currently covering the firm. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $15.00.
Separately, Zacks Investment Research upgraded shares of J Sainsbury plc from a “sell” rating to a “hold” rating in a report on Wednesday, March 8th.
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Shares of J Sainsbury plc (NASDAQ:JSAIY) opened at 14.49 on Monday. The firm has a market capitalization of $7.77 billion and a P/E ratio of 17.09. J Sainsbury plc has a 52 week low of $11.08 and a 52 week high of $15.82. The stock has a 50 day moving average price of $13.87 and a 200 day moving average price of $13.13.
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).
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