Shares of J Sainsbury plc (LON:SBRY) have been given a consensus rating of “Hold” by the fifteen analysts that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 269.23 ($3.48).

Several research firms have recently commented on SBRY. Shore Capital restated a “buy” rating on shares of J Sainsbury plc in a research note on Monday, July 3rd. J P Morgan Chase & Co restated an “underweight” rating and issued a GBX 200 ($2.59) target price on shares of J Sainsbury plc in a research note on Wednesday, July 5th. Barclays PLC restated an “equal weight” rating and issued a GBX 260 ($3.36) target price on shares of J Sainsbury plc in a research note on Thursday, June 15th. Deutsche Bank AG restated a “hold” rating and issued a GBX 300 ($3.88) target price on shares of J Sainsbury plc in a research note on Wednesday, May 10th. Finally, HSBC Holdings plc restated a “reduce” rating and issued a GBX 200 ($2.59) target price on shares of J Sainsbury plc in a research note on Wednesday, July 26th.

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J Sainsbury plc (SBRY) traded up 2.21% during trading on Wednesday, hitting GBX 235.80. The stock had a trading volume of 7,773,315 shares. The firm has a 50 day moving average of GBX 244.58 and a 200-day moving average of GBX 260.40. The stock’s market cap is GBX 5.15 billion. J Sainsbury plc has a 12 month low of GBX 224.10 and a 12 month high of GBX 283.60.

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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