J Sainsbury (LON:SBRY) Given House Stock Rating at Shore Capital Group

J Sainsbury (LON:SBRY)‘s stock had its “house stock” rating reissued by equities researchers at Shore Capital Group in a report issued on Tuesday,London Stock Exchange reports.

A number of other analysts also recently issued reports on SBRY. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 310 price target on shares of J Sainsbury in a report on Friday, April 24th. Citigroup decreased their price objective on shares of J Sainsbury from GBX 3,350 to GBX 3,300 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,065.

J Sainsbury Stock Down 1.3%

Shares of J Sainsbury stock traded down GBX 3.90 on Tuesday, reaching GBX 307.90. The company’s stock had a trading volume of 5,142,891 shares, compared to its average volume of 25,136,434. J Sainsbury has a 52 week low of GBX 275.80 and a 52 week high of GBX 361.80. The firm’s fifty day simple moving average is GBX 322.68 and its two-hundred day simple moving average is GBX 327.87. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 107.33. The company has a market capitalization of £6.83 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 0.42 and a beta of 1.00.

J Sainsbury (LON:SBRY) last announced its quarterly earnings results on Thursday, April 23rd. The grocer reported GBX 22.30 earnings per share (EPS) for the quarter. J Sainsbury had a return on equity of 6.12% and a net margin of 1.14%.The firm had revenue of GBX 3,364.70 billion for the quarter. Equities analysts anticipate that J Sainsbury will post 25.7241977 earnings per share for the current year.

Insider Buying and Selling at J Sainsbury

In other J Sainsbury news, insider Bl á thnaid Bergin sold 110,092 shares of the stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of GBX 328, for a total value of £361,101.76. Also, insider Simon Roberts sold 197,186 shares of the stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of GBX 328, for a total transaction of £646,770.08. 0.44% of the stock is owned by corporate insiders.

J Sainsbury Company Profile

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority. Our purpose is that driven by our passion for food, together we serve and help every customer.

Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury’s Bank.