J Sainsbury plc (SBRY) PT Raised to GBX 260

J Sainsbury plc (LON:SBRY) had its price target raised by equities research analysts at BNP Paribas from GBX 255 ($3.15) to GBX 260 ($3.21) in a research report issued on Friday. The firm currently has a “neutral” rating on the grocer’s stock. BNP Paribas’ target price suggests a potential downside of 5.21% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Shore Capital reiterated a “buy” rating on shares of J Sainsbury plc in a research note on Thursday, March 16th. Barclays PLC restated an “equal weight” rating and issued a GBX 260 ($3.21) target price on shares of J Sainsbury plc in a research note on Thursday, January 5th. HSBC Holdings plc restated a “reduce” rating and issued a GBX 205 ($2.53) target price on shares of J Sainsbury plc in a research note on Tuesday, March 14th. Deutsche Bank AG restated a “buy” rating and issued a GBX 280 ($3.46) target price on shares of J Sainsbury plc in a research note on Thursday, January 5th. Finally, Jefferies Group LLC raised their target price on shares of J Sainsbury plc from GBX 250 ($3.09) to GBX 260 ($3.21) and gave the company a “hold” rating in a research note on Thursday, January 5th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. J Sainsbury plc has a consensus rating of “Hold” and an average price target of GBX 253.93 ($3.14).

Analyst Recommendations for J Sainsbury plc (LON:SBRY)

Shares of J Sainsbury plc (LON:SBRY) opened at 274.30 on Friday. The company’s market cap is GBX 5.36 billion. The stock’s 50 day moving average is GBX 265.58 and its 200-day moving average is GBX 250.54. J Sainsbury plc has a 12 month low of GBX 211.50 and a 12 month high of GBX 294.40.

Your IP Address:

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).

Receive News & Ratings for J Sainsbury plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply