J Sainsbury (LON:SBRY – Get Rating)‘s stock had its “house stock” rating reissued by stock analysts at Shore Capital in a research report issued to clients and investors on Thursday, Digital Look reports.
Several other equities analysts have also recently weighed in on the company. Barclays lifted their price objective on J Sainsbury from GBX 305 ($3.97) to GBX 320 ($4.17) and gave the company an “overweight” rating in a report on Wednesday, February 9th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 230 ($3.00) price target on shares of J Sainsbury in a report on Monday, February 21st. Morgan Stanley reissued an “equal weight” rating on shares of J Sainsbury in a research report on Friday, March 25th. Finally, Berenberg Bank boosted their price objective on shares of J Sainsbury from GBX 275 ($3.58) to GBX 285 ($3.71) and gave the company a “hold” rating in a research report on Friday, January 21st. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of GBX 287 ($3.74).
LON:SBRY opened at GBX 239.80 ($3.12) on Thursday. J Sainsbury has a 1 year low of GBX 233.60 ($3.04) and a 1 year high of GBX 342 ($4.46). The stock has a 50-day moving average price of GBX 262.25 and a two-hundred day moving average price of GBX 278.57. The stock has a market cap of £5.60 billion and a price-to-earnings ratio of 19.02. The company has a current ratio of 0.67, a quick ratio of 0.51 and a debt-to-equity ratio of 103.96.
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Â- Food, Retail Â- General Merchandise and Clothing, and Financial Services.
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