J Sainsbury (SBRY) Earns Sell Rating from Goldman Sachs Group

J Sainsbury (LON:SBRY)‘s stock had its “sell” rating reiterated by equities research analysts at Goldman Sachs Group in a research report issued on Thursday.

Several other research analysts also recently commented on SBRY. Shore Capital reaffirmed a “buy” rating on shares of J Sainsbury in a research note on Wednesday, October 18th. Deutsche Bank decreased their target price on shares of J Sainsbury from GBX 300 ($4.01) to GBX 260 ($3.48) and set a “hold” rating on the stock in a research note on Tuesday. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 250 ($3.34) target price on shares of J Sainsbury in a research note on Wednesday, September 13th. Credit Suisse Group decreased their target price on shares of J Sainsbury from GBX 320 ($4.28) to GBX 295 ($3.94) and set an “outperform” rating on the stock in a research note on Monday, October 2nd. Finally, Berenberg Bank began coverage on shares of J Sainsbury in a research note on Tuesday, October 3rd. They issued a “buy” rating and a GBX 300 ($4.01) target price on the stock. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 263.29 ($3.52).

J Sainsbury (LON:SBRY) opened at GBX 244.10 ($3.26) on Thursday. The company has a market cap of $5,350.00 and a P/E ratio of 2,441.00. J Sainsbury has a one year low of GBX 222.40 ($2.97) and a one year high of GBX 283.60 ($3.79).

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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).

Analyst Recommendations for J Sainsbury (LON:SBRY)

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