Insider Buying: J Sainsbury plc (SBRY) Insider Purchases £115.15 in Stock
J Sainsbury plc (LON:SBRY) insider John Rogers purchased 49 shares of the company’s stock in a transaction dated Thursday, November 30th. The stock was purchased at an average price of GBX 235 ($3.15) per share, with a total value of £115.15 ($154.21).
John Rogers also recently made the following trade(s):
- On Thursday, November 2nd, John Rogers purchased 48 shares of J Sainsbury stock. The stock was purchased at an average price of GBX 238 ($3.19) per share, with a total value of £114.24 ($152.99).
- On Thursday, October 5th, John Rogers purchased 48 shares of J Sainsbury stock. The stock was purchased at an average price of GBX 243 ($3.25) per share, with a total value of £116.64 ($156.21).
- On Tuesday, September 5th, John Rogers purchased 48 shares of J Sainsbury stock. The stock was purchased at an average price of GBX 236 ($3.16) per share, with a total value of £113.28 ($151.71).
Shares of J Sainsbury plc (LON SBRY) opened at GBX 233.32 ($3.12) on Monday. J Sainsbury plc has a 1-year low of GBX 222.40 ($2.98) and a 1-year high of GBX 283.60 ($3.80).
A number of research analysts have recently commented on the company. J P Morgan Chase & Co reiterated an “underweight” rating and issued a GBX 200 ($2.68) price target on shares of J Sainsbury in a research note on Friday, November 10th. Credit Suisse Group dropped their price target on J Sainsbury from GBX 320 ($4.29) to GBX 295 ($3.95) and set an “outperform” rating for the company in a research note on Monday, October 2nd. Deutsche Bank reiterated a “hold” rating and issued a GBX 300 ($4.02) price target on shares of J Sainsbury in a research note on Thursday, September 28th. Berenberg Bank assumed coverage on J Sainsbury in a report on Tuesday, October 3rd. They issued a “buy” rating and a GBX 300 ($4.02) price objective for the company. Finally, Jefferies Group decreased their price objective on J Sainsbury from GBX 260 ($3.48) to GBX 250 ($3.35) and set a “hold” rating for the company in a report on Monday, October 23rd. Three analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 265.69 ($3.56).
ILLEGAL ACTIVITY NOTICE: “Insider Buying: J Sainsbury plc (SBRY) Insider Purchases £115.15 in Stock” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this news story on another website, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this news story can be accessed at https://www.thecerbatgem.com/2017/12/04/insider-buying-j-sainsbury-plc-sbry-insider-purchases-115-15-in-stock.html.
About J Sainsbury
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.