J Sainsbury plc (SBRY) Stock Rating Reaffirmed by Deutsche Bank AG

J Sainsbury plc (LON:SBRY)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank AG in a research note issued to investors on Thursday.

A number of other research firms have also weighed in on SBRY. Jefferies Group reissued a “hold” rating and issued a GBX 250 ($3.10) price objective on shares of J Sainsbury plc in a research report on Friday, November 4th. HSBC reissued a “reduce” rating and issued a GBX 185 ($2.29) price objective on shares of J Sainsbury plc in a research report on Tuesday, November 8th. Shore Capital reissued a “buy” rating on shares of J Sainsbury plc in a research report on Wednesday, November 9th. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 315 ($3.90) price objective on shares of J Sainsbury plc in a research report on Monday, November 7th. Finally, Societe Generale reissued a “hold” rating and issued a GBX 250 ($3.10) price objective on shares of J Sainsbury plc in a research report on Wednesday, November 2nd. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. J Sainsbury plc currently has a consensus rating of “Hold” and an average price target of GBX 254.13 ($3.15).

Analyst Recommendations for J Sainsbury plc (LON:SBRY)

Shares of J Sainsbury plc (LON:SBRY) opened at 235.20 on Thursday. The company’s market capitalization is GBX 4.75 billion. The stock has a 50 day moving average price of GBX 243.54 and a 200-day moving average price of GBX 243.88. J Sainsbury plc has a 12 month low of GBX 211.50 and a 12 month high of GBX 294.40.

The firm also recently announced a dividend, which will be paid on Wednesday, January 4th. Investors of record on Thursday, November 17th will be issued a dividend of GBX 3.60 ($0.04) per share. The ex-dividend date of this dividend is Thursday, November 17th. This represents a dividend yield of 1.51%.

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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