J Sainsbury (LON:SBRY)‘s stock had its “hold” rating reaffirmed by equities research analysts at Shore Capital in a research report issued to clients and investors on Monday, Digital Look reports.
A number of other equities research analysts also recently issued reports on the company. UBS Group reissued a “buy” rating on shares of J Sainsbury in a research report on Wednesday, June 24th. JPMorgan Chase & Co. decreased their target price on J Sainsbury from GBX 190 ($2.34) to GBX 180 ($2.22) and set an “underweight” rating for the company in a research report on Tuesday, May 19th. Barclays reaffirmed an “overweight” rating on shares of J Sainsbury in a research report on Monday, April 20th. HSBC raised J Sainsbury to a “hold” rating in a research report on Tuesday, March 24th. Finally, Credit Suisse Group decreased their target price on J Sainsbury from GBX 285 ($3.51) to GBX 280 ($3.45) and set an “outperform” rating for the company in a research report on Tuesday, May 26th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 232.36 ($2.86).
SBRY stock opened at GBX 208.70 ($2.57) on Monday. The stock has a 50-day moving average price of GBX 193.92 and a two-hundred day moving average price of GBX 205.62. J Sainsbury has a 12-month low of GBX 171.19 ($2.11) and a 12-month high of £201.30 ($247.72). The company has a current ratio of 0.63, a quick ratio of 0.45 and a debt-to-equity ratio of 93.40. The company has a market cap of $4.64 billion and a PE ratio of 36.03.
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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