J Sainsbury plc (LON:SBRY) has received a consensus rating of “Hold” from the fifteen research firms that are presently covering the firm, MarketBeat reports. Four analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 296.75 ($3.88).
A number of equities research analysts have recently commented on the stock. HSBC reaffirmed a “hold” rating on shares of J Sainsbury in a report on Monday, August 13th. UBS Group reissued a “buy” rating and set a GBX 400 ($5.23) price target on shares of J Sainsbury in a report on Friday, August 17th. Shore Capital reissued a “hold” rating on shares of J Sainsbury in a report on Wednesday, July 11th. Berenberg Bank reissued a “buy” rating and set a GBX 369 ($4.82) price target (up from GBX 300 ($3.92)) on shares of J Sainsbury in a report on Monday, September 17th. Finally, Citigroup reissued a “buy” rating on shares of J Sainsbury in a report on Thursday, September 6th.
Shares of LON:SBRY traded down GBX 5.50 ($0.07) on Monday, reaching GBX 313.20 ($4.09). The company’s stock had a trading volume of 3,439,051 shares, compared to its average volume of 9,310,000. J Sainsbury has a 52-week low of GBX 222.40 ($2.91) and a 52-week high of GBX 339.89 ($4.44).
About J Sainsbury
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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