J Sainsbury plc (LON:SBRY) had its target price raised by equities research analysts at BNP Paribas from GBX 255 ($3.15) to GBX 260 ($3.21) in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the grocer’s stock. BNP Paribas’ price objective would suggest a potential downside of 5.21% from the stock’s current price.
SBRY has been the subject of a number of other research reports. Shore Capital restated a “buy” rating on shares of J Sainsbury plc in a research report on Thursday, March 16th. Citigroup Inc restated a “neutral” rating and set a GBX 260 ($3.21) price objective on shares of J Sainsbury plc in a research report on Friday, January 6th. AlphaValue restated an “add” rating and set a GBX 295 ($3.64) price objective on shares of J Sainsbury plc in a research report on Wednesday, January 11th. HSBC Holdings plc restated a “reduce” rating and set a GBX 185 ($2.28) price objective on shares of J Sainsbury plc in a research report on Friday, January 6th. Finally, Goldman Sachs Group Inc restated a “sell” rating and set a GBX 195 ($2.41) price objective (up previously from GBX 145 ($1.79)) on shares of J Sainsbury plc in a research report on Wednesday, December 14th. Three analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 253.93 ($3.14).
Shares of J Sainsbury plc (LON:SBRY) opened at 274.30 on Friday. J Sainsbury plc has a 12 month low of GBX 211.50 and a 12 month high of GBX 294.40. The stock has a 50 day moving average of GBX 265.58 and a 200 day moving average of GBX 250.54. The firm’s market cap is GBX 5.36 billion.
Your IP Address:
J Sainsbury plc 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).
Receive News & Ratings for J Sainsbury plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury plc and related companies with MarketBeat.com's FREE daily email newsletter.