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).
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).
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