Citigroup Inc. reaffirmed their buy rating on shares of J Sainsbury plc (LON:SBRY) in a research report released on Wednesday. Citigroup Inc. currently has a GBX 305 ($4.11) price target on the grocer’s stock.

Other equities analysts also recently issued reports about the company. Shore Capital restated a buy rating on shares of J Sainsbury plc in a research note on Monday, July 3rd. Barclays PLC restated an equal weight rating and issued a GBX 260 ($3.51) 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 ($4.04) target price on shares of J Sainsbury plc in a research note on Wednesday, July 26th. BNP Paribas reiterated a neutral rating and set a GBX 250 ($3.37) price objective on shares of J Sainsbury plc in a research report on Wednesday, September 13th. Finally, Credit Suisse Group boosted their price objective on J Sainsbury plc from GBX 300 ($4.04) to GBX 320 ($4.31) and gave the stock an outperform rating in a research report on Friday, May 26th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the company’s stock. J Sainsbury plc presently has a consensus rating of Hold and a consensus target price of GBX 266.36 ($3.59).

Shares of J Sainsbury plc (SBRY) opened at 233.30 on Wednesday. The firm’s market capitalization 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 firm’s 50-day moving average price is GBX 240.22 and its 200-day moving average price is GBX 256.78.

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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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