J Sainsbury (LON:SBRY) Stock Keeps “Buy” Rating at Deutsche Bank Aktiengesellschaft

J Sainsbury (LON:SBRY)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a note issued to investors on Friday, Digital Look reports. They presently have a GBX 390 price objective on the grocer’s stock. Deutsche Bank Aktiengesellschaft‘s price objective would suggest a potential upside of 11.65% from the company’s current price.

SBRY has been the subject of a number of other reports. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 375 price objective on shares of J Sainsbury in a research note on Thursday, July 2nd. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 310 target price on shares of J Sainsbury in a report on Wednesday, July 1st. Shore Capital Group reissued a “house stock” rating on shares of J Sainsbury in a report on Friday, July 31st. UBS Group restated a “buy” rating and issued a GBX 395 price objective on shares of J Sainsbury in a research report on Friday, June 26th. Finally, Citigroup upped their price objective on J Sainsbury from GBX 330 to GBX 346 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 360.17.

J Sainsbury Stock Performance

Shares of LON:SBRY traded down GBX 2.80 during mid-day trading on Friday, reaching GBX 349.30. 640,774,063 shares of the company traded hands, compared to its average volume of 24,529,146. The company’s 50 day moving average price is GBX 337.18 and its 200-day moving average price is GBX 332.17. The firm has a market cap of £7.61 billion, a PE ratio of 20.67, a PEG ratio of 0.42 and a beta of 1.00. J Sainsbury has a 52 week low of GBX 293.70 and a 52 week high of GBX 380.30. The company has a debt-to-equity ratio of 107.33, a current ratio of 0.56 and a quick ratio of 0.53.

J Sainsbury (LON:SBRY) last issued its quarterly earnings results on Thursday, October 22nd. The grocer reported GBX 9.50 earnings per share for the quarter. J Sainsbury had a net margin of 1.14% and a return on equity of 6.12%. On average, equities analysts expect that J Sainsbury will post 25.72 EPS for the current fiscal year.

Insider Transactions at J Sainsbury

In related news, insider Simon Roberts sold 346,154 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of GBX 333, for a total value of £1,152,692.82. Also, insider Katie Bickerstaffe purchased 5,732 shares of the business’s stock in a transaction on Thursday, October 22nd. The shares were purchased at an average price of GBX 347 per share, with a total value of £19,890.04. 0.47% of the stock is currently owned by insiders.

J Sainsbury News Roundup

Here are the key news stories impacting J Sainsbury this week:

• Positive Sentiment: Profit outlook raised: Sainsbury’s first-half earnings increased, prompting management to lift its profit guidance. The improvement suggests resilient trading and stronger-than-expected operating momentum. Sainsbury’s raises profit outlook after first-half growth
• Positive Sentiment: £300 million share repurchase launched: The buyback should support earnings per share and return capital to shareholders, potentially providing a floor for SBRY shares. J Sainsbury commences share repurchase
• Positive Sentiment: Insider purchase: Non-executive director Katie Bickerstaffe bought 5,732 shares for approximately £19,890 at an average of GBX 347. The purchase may signal confidence in the company’s prospects, although its size is modest relative to Sainsbury’s market value. Katie Bickerstaffe acquires Sainsbury shares
• Positive Sentiment: Deutsche Bank remains bullish: Deutsche Bank reaffirmed its “buy” rating and GBX 390 price target, implying further potential upside from recent trading levels. Deutsche Bank Sainsbury rating
• Neutral Sentiment: Mixed valuation signals: Analysts collectively rate SBRY “Moderate Buy,” with a consensus target of GBX 360.17. That target is above recent levels but below Deutsche Bank’s GBX 390 objective, indicating that expectations vary.
• Negative Sentiment: Shares remain lower despite positive news: The weaker trading suggests investors may be taking profits or focusing on Sainsbury’s relatively thin margins, high debt-to-equity ratio and modest return on equity rather than the improved outlook alone.

J Sainsbury Company Profile

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority. Our purpose is that driven by our passion for food, together we serve and help every customer.

Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury’s Bank.