J Sainsbury (SBRY) Rating Reiterated by HSBC

J Sainsbury (LON:SBRY)‘s stock had its “hold” rating reiterated by investment analysts at HSBC in a research report issued to clients and investors on Monday.

Other equities research analysts have also recently issued research reports about the stock. Sanford C. Bernstein upped their price objective on shares of J Sainsbury from GBX 250 ($3.19) to GBX 330 ($4.21) and gave the company a “market perform” rating in a research note on Monday, May 14th. Shore Capital reaffirmed a “hold” rating on shares of J Sainsbury in a research note on Wednesday, July 11th. Deutsche Bank reaffirmed a “hold” rating on shares of J Sainsbury in a research note on Thursday, July 5th. JPMorgan Chase & Co. upped their price objective on shares of J Sainsbury from GBX 200 ($2.55) to GBX 260 ($3.32) and gave the company an “underweight” rating in a research note on Tuesday, May 1st. Finally, Kepler Capital Markets reaffirmed a “buy” rating and issued a GBX 345 ($4.40) price objective (up previously from GBX 252 ($3.21)) on shares of J Sainsbury in a research note on Tuesday, June 19th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 302.79 ($3.86).

Shares of J Sainsbury stock opened at GBX 334.20 ($4.26) on Monday. J Sainsbury has a 52-week low of GBX 222.40 ($2.84) and a 52-week high of GBX 339.89 ($4.34).

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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Analyst Recommendations for J Sainsbury (LON:SBRY)

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