BNP Paribas reaffirmed their neutral rating on shares of J Sainsbury plc (LON:SBRY) in a research report released on Wednesday morning. They currently have a GBX 250 ($3.23) price target on the grocer’s stock.

A number of other research analysts also recently weighed in on SBRY. HSBC Holdings plc reissued a reduce rating on shares of J Sainsbury plc in a research report on Wednesday, September 6th. Shore Capital reissued a buy rating on shares of J Sainsbury plc in a research report on Tuesday, August 22nd. Barclays PLC reduced their target price on shares of J Sainsbury plc from GBX 260 ($3.36) to GBX 240 ($3.10) and set an equal weight rating for the company in a research report on Friday, September 1st. Deutsche Bank AG reaffirmed a hold rating and issued a GBX 300 ($3.87) price objective on shares of J Sainsbury plc in a report on Wednesday, July 26th. Finally, Goldman Sachs Group, Inc. (The) cut their price objective on shares of J Sainsbury plc from GBX 205 ($2.65) to GBX 200 ($2.58) and set a sell rating for the company in a report on Monday, July 3rd. Three analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the stock. J Sainsbury plc currently has a consensus rating of Hold and a consensus target price of GBX 266.36 ($3.44).

J Sainsbury plc (SBRY) traded up 0.33% during midday trading on Wednesday, hitting GBX 240.40. 9,237,365 shares of the stock were exchanged. J Sainsbury plc has a 1-year low of GBX 224.10 and a 1-year high of GBX 283.60. The firm’s market capitalization is GBX 5.25 billion. The firm’s 50-day moving average price is GBX 240.95 and its 200 day moving average price is GBX 257.55.

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About J Sainsbury plc

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 plc (LON:SBRY)

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