J Sainsbury (SBRY) Rating Reiterated by Kepler Capital Markets
J Sainsbury (LON:SBRY)‘s stock had its “buy” rating reissued by investment analysts at Kepler Capital Markets in a report released on Thursday.
A number of other brokerages have also issued reports on SBRY. HSBC reissued a “hold” rating on shares of J Sainsbury in a report on Monday, August 13th. UBS Group reissued a “buy” rating on shares of J Sainsbury in a report on Friday, September 28th. Barclays reissued an “overweight” rating and issued a GBX 375 ($4.90) price objective on shares of J Sainsbury in a report on Wednesday, August 29th. Shore Capital reissued a “hold” rating on shares of J Sainsbury in a report on Wednesday, July 11th. Finally, Berenberg Bank reissued a “buy” rating and issued a GBX 369 ($4.82) price objective (up from GBX 300 ($3.92)) on shares of J Sainsbury in a report on Monday, September 17th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 302.79 ($3.96).
SBRY stock traded down GBX 2 ($0.03) on Thursday, reaching GBX 322 ($4.21). The company’s stock had a trading volume of 8,383,312 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).
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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