J Sainsbury (LON:SBRY)‘s stock had its “reduce” rating restated by research analysts at HSBC in a report issued on Thursday.
A number of other equities analysts have also commented on SBRY. Berenberg Bank restated a “buy” rating and issued a GBX 369 ($4.82) price objective (up from GBX 300 ($3.92)) on shares of J Sainsbury in a research report on Monday, September 17th. UBS Group reaffirmed a “buy” rating on shares of J Sainsbury in a research note on Friday, September 28th. Kepler Capital Markets reaffirmed a “buy” rating on shares of J Sainsbury in a research note on Thursday, November 8th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 260 ($3.40) target price on shares of J Sainsbury in a research note on Friday, November 9th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating on shares of J Sainsbury in a research note on Tuesday, November 13th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of GBX 310.75 ($4.06).
SBRY stock opened at GBX 275.80 ($3.60) on Thursday. J Sainsbury has a 12 month low of GBX 222.40 ($2.91) and a 12 month high of GBX 339.89 ($4.44).
J Sainsbury Company Profile
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail ? Food; Retail ? General Merchandise and Clothing; Financial Services; and Property Investment.
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