J Sainsbury plc (SBRY.L) – What Are Analysts Thinking About This Stock?

Shares of J Sainsbury plc (LON:SBRY) have been given an average recommendation of “Moderate Buy” by the six analysts that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is GBX 360.17.

Several equities analysts recently issued reports on SBRY shares. UBS Group reissued a “buy” rating and set a GBX 395 target price on shares of J Sainsbury in a research note on Friday, June 26th. Shore Capital Group reiterated a “house stock” rating on shares of J Sainsbury in a research note on Friday, July 31st. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 375 price target on shares of J Sainsbury in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 390 price target on shares of J Sainsbury in a research report on Tuesday, October 6th. Finally, Citigroup raised their price objective on shares of J Sainsbury from GBX 330 to GBX 346 and gave the company a “neutral” rating in a research note on Friday, August 7th.

J Sainsbury Stock Performance

Shares of LON:SBRY opened at GBX 335.60 on Friday. The company has a debt-to-equity ratio of 107.33, a current ratio of 0.56 and a quick ratio of 0.53. The business’s 50 day moving average price is GBX 337.12 and its 200-day moving average price is GBX 331.24. The firm has a market capitalization of £7.31 billion, a PE ratio of 19.86, a P/E/G ratio of 0.42 and a beta of 1.00. J Sainsbury has a 1 year low of GBX 293.70 and a 1 year high of GBX 380.30.

Insider Buying and Selling

In related news, insider Simon Roberts sold 346,154 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of GBX 333, for a total value of £1,152,692.82. 0.47% of the stock is owned by company insiders.

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.