Shares of J Sainsbury plc (LON:SBRY) have received a consensus rating of “Hold” from the thirteen ratings firms that are currently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 265.18 ($3.66).
Several analysts have weighed in on the company. Shore Capital reiterated a “buy” rating on shares of J Sainsbury in a research report on Wednesday, January 24th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 200 ($2.76) price objective on shares of J Sainsbury in a research report on Thursday, January 18th. Credit Suisse Group downgraded J Sainsbury to a “neutral” rating and lowered their price objective for the company from GBX 295 ($4.08) to GBX 275 ($3.80) in a research report on Monday, January 22nd. Jefferies Group reiterated a “hold” rating and issued a GBX 270 ($3.73) price objective on shares of J Sainsbury in a research report on Monday, March 5th. Finally, Kepler Capital Markets reiterated a “hold” rating and issued a GBX 252 ($3.48) price objective on shares of J Sainsbury in a research report on Thursday, January 11th.
Shares of SBRY stock traded down GBX 1.50 ($0.02) during mid-day trading on Friday, reaching GBX 227.50 ($3.14). The company’s stock had a trading volume of 8,468,840 shares, compared to its average volume of 9,310,000. J Sainsbury has a 12-month low of GBX 222.40 ($3.07) and a 12-month high of GBX 339.89 ($4.70). The company has a market capitalization of $5,190.00 and a P/E ratio of 2,275.00.
COPYRIGHT VIOLATION NOTICE: “Analysts Set J Sainsbury plc (SBRY) PT at $265.18” was originally reported by Ticker Report and is the property of of Ticker Report. If you are viewing this article on another publication, it was copied illegally and republished in violation of U.S. and international copyright and trademark legislation. The legal version of this article can be viewed at https://www.tickerreport.com/banking-finance/3300539/analysts-set-j-sainsbury-plc-sbry-pt-at-265-18.html.
J Sainsbury 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).
Receive News & Ratings for J Sainsbury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury and related companies with MarketBeat.com's FREE daily email newsletter.