J Sainsbury plc (SBRY) Given Hold Rating at Deutsche Bank AG

Deutsche Bank AG reiterated their hold rating on shares of J Sainsbury plc (LON:SBRY) in a report released on Wednesday morning. They currently have a GBX 300 ($4.04) price objective on the grocer’s stock.

Several other analysts have also issued reports on the stock. Citigroup Inc. restated a buy rating and issued a GBX 305 ($4.11) price objective on shares of J Sainsbury plc in a report on Tuesday, June 20th. Barclays PLC restated an equal weight rating and issued a GBX 260 ($3.51) price objective on shares of J Sainsbury plc in a report on Thursday, June 15th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 320 ($4.31) target price on shares of J Sainsbury plc in a research report on Tuesday, August 29th. Shore Capital reaffirmed a buy rating on shares of J Sainsbury plc in a research report on Monday, July 3rd. Finally, HSBC Holdings plc reaffirmed a reduce rating and issued a GBX 200 ($2.70) target price on shares of J Sainsbury plc in a research report on Wednesday, July 19th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company’s stock. J Sainsbury plc presently has an average rating of Hold and an average target price of GBX 266.36 ($3.59).

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About J Sainsbury plc

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).

Analyst Recommendations for J Sainsbury plc (LON:SBRY)

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