Deutsche Bank AG restated their hold rating on shares of J Sainsbury plc (LON:SBRY) in a research note published on Thursday morning. They currently have a GBX 300 ($3.95) target price on the grocer’s stock.

SBRY has been the subject of a number of other research reports. reissued a reduce rating and set a GBX 200 ($2.63) target price on shares of J Sainsbury plc in a research note on Monday. J P Morgan Chase & Co reissued an underweight rating and set a GBX 200 ($2.63) target price on shares of J Sainsbury plc in a research note on Friday, November 10th. Jefferies Group LLC reissued a hold rating and set a GBX 250 ($3.29) target price on shares of J Sainsbury plc in a research note on Friday, November 10th. Shore Capital reissued a buy rating on shares of J Sainsbury plc in a research note on Wednesday, October 18th. Finally, BNP Paribas reissued a neutral rating and set a GBX 250 ($3.29) target price on shares of J Sainsbury plc in a research note on Wednesday, September 13th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. J Sainsbury plc has a consensus rating of Hold and a consensus target price of GBX 267.43 ($3.52).

J Sainsbury plc (LON:SBRY) traded down GBX 1.50 ($0.02) during midday trading on Thursday, reaching GBX 227.60 ($2.99). 6,748,576 shares of the company’s stock traded hands, compared to its average volume of 8,930,000. J Sainsbury plc has a 12-month low of GBX 224.10 ($2.95) and a 12-month high of GBX 283.60 ($3.73).

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The company also recently announced a dividend, which will be paid on Tuesday, January 2nd. Investors of record on Thursday, November 16th will be issued a GBX 3.10 ($0.04) dividend. The ex-dividend date is Thursday, November 16th. This represents a yield of 1.34%.

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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