A number of other analysts have also weighed in on SBRY. Citigroup Inc. reiterated a neutral rating on shares of J Sainsbury plc in a research note on Wednesday, June 1st. Societe Generale reissued a buy rating and set a GBX 315 ($4.11) price target on shares of J Sainsbury plc in a report on Wednesday, June 1st. Jefferies Group reissued a hold rating and set a GBX 280 ($3.65) price target on shares of J Sainsbury plc in a report on Wednesday, June 1st. BNP Paribas reissued a neutral rating and set a GBX 250 ($3.26) price target on shares of J Sainsbury plc in a report on Wednesday, June 1st. Finally, Barclays PLC reissued an equal weight rating and set a GBX 250 ($3.26) price target on shares of J Sainsbury plc in a report on Wednesday, June 1st. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. J Sainsbury plc has a consensus rating of Hold and an average target price of GBX 253.69 ($3.31).
Shares of J Sainsbury plc (LON:SBRY) opened at 241.80 on Wednesday. J Sainsbury plc has a 12 month low of GBX 211.50 and a 12 month high of GBX 294.40. The company’s market capitalization is GBX 4.63 billion. The stock’s 50 day moving average is GBX 241.96 and its 200 day moving average is GBX 252.02.
In other news, insider Cassin ,Brian acquired 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 3rd. The stock was purchased at an average cost of GBX 222 ($2.90) per share, for a total transaction of £55,500 ($72,444.85). Also, insider Harris,Mary acquired 13,119 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were purchased at an average price of GBX 227 ($2.96) per share, with a total value of £29,780.13 ($38,872.38).
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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