J Sainsbury plc (SBRY) Stock Rating Reaffirmed by
J Sainsbury plc (LON:SBRY)‘s stock had its “reduce” rating reiterated by stock analysts at in a note issued to investors on Monday. They presently have a GBX 200 ($2.63) target price on the grocer’s stock. ‘s target price would suggest a potential downside of 12.36% from the stock’s previous close.
Several other research analysts have also weighed in on the company. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 200 ($2.63) price target on shares of J Sainsbury plc in a research report on Friday, November 10th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 300 ($3.95) price target on shares of J Sainsbury plc in a research report on Friday, November 10th. Jefferies Group LLC reaffirmed a “hold” rating and set a GBX 250 ($3.29) price target on shares of J Sainsbury plc in a research report on Friday, November 10th. Shore Capital reaffirmed a “buy” rating on shares of J Sainsbury plc in a research report on Thursday, November 9th. Finally, Credit Suisse Group reaffirmed an “outperform” rating and set a GBX 295 ($3.88) price target on shares of J Sainsbury plc in a research report on Friday, October 20th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. J Sainsbury plc presently has a consensus rating of “Hold” and an average price target of GBX 267.43 ($3.52).
J Sainsbury plc (LON:SBRY) opened at GBX 228.20 ($3.00) on Monday. J Sainsbury plc has a 1 year low of GBX 224.10 ($2.95) and a 1 year high of GBX 283.60 ($3.73).
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).
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