J Sainsbury’s (SBRY) Hold Rating Reaffirmed at Deutsche Bank
J Sainsbury (LON:SBRY)‘s stock had its “hold” rating reissued by equities researchers at Deutsche Bank in a research note issued on Monday.
SBRY has been the topic of several other research reports. Credit Suisse Group reissued an “outperform” rating and set a GBX 295 ($4.00) target price on shares of J Sainsbury in a research report on Friday, October 20th. BNP Paribas reissued a “neutral” rating and set a GBX 250 ($3.39) target price on shares of J Sainsbury in a research report on Wednesday, September 13th. JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 200 ($2.71) target price on shares of J Sainsbury in a research report on Thursday, January 4th. Shore Capital reissued a “buy” rating on shares of J Sainsbury in a research report on Wednesday, October 18th. Finally, reissued a “reduce” rating and set a GBX 200 ($2.71) target price on shares of J Sainsbury in a research report on Tuesday, November 7th. Three analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 263.29 ($3.57).
Shares of J Sainsbury (SBRY) opened at GBX 253 ($3.43) on Monday. J Sainsbury has a 12-month low of GBX 222.40 ($3.02) and a 12-month high of GBX 283.60 ($3.85). The firm has a market capitalization of $5,540.00 and a PE ratio of 2,530.00.
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J Sainsbury Company Profile
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).
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