J Sainsbury (LON:SBRY)‘s stock had its “reduce” rating reiterated by stock analysts at HSBC in a research note issued on Thursday.

SBRY has been the topic of several other research reports. Shore Capital reiterated a “hold” rating on shares of J Sainsbury in a report on Wednesday, December 12th. UBS Group reiterated a “buy” rating on shares of J Sainsbury in a report on Wednesday, November 14th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 260 ($3.40) price target on shares of J Sainsbury in a report on Friday, November 9th. Berenberg Bank reiterated a “buy” rating and issued a GBX 369 ($4.82) price target on shares of J Sainsbury in a report on Monday, November 19th. Finally, Sanford C. Bernstein reiterated a “market perform” rating on shares of J Sainsbury in a report on Tuesday, November 13th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. J Sainsbury presently has a consensus rating of “Hold” and a consensus target price of GBX 310.75 ($4.06).

LON:SBRY opened at GBX 275.80 ($3.60) on Thursday. J Sainsbury has a twelve month low of GBX 222.40 ($2.91) and a twelve month high of GBX 339.89 ($4.44).

In other J Sainsbury news, insider Martin Scicluna bought 15,000 shares of the company’s stock in a transaction dated Monday, November 12th. The shares were purchased at an average price of GBX 321 ($4.19) per share, for a total transaction of £48,150 ($62,916.50). In the last 90 days, insiders have bought 15,081 shares of company stock worth $4,838,255.

J Sainsbury Company Profile

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.

Featured Article: How a Put Option Works

Analyst Recommendations for J Sainsbury (LON:SBRY)

Receive News & Ratings for J Sainsbury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury and related companies with MarketBeat.com's FREE daily email newsletter.