J Sainsbury plc (SBRY) Receives GBX 296.75 Average Target Price from Analysts

Shares of J Sainsbury plc (LON:SBRY) have earned a consensus recommendation of “Hold” from the fifteen brokerages that are currently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is GBX 296.75 ($3.88).

A number of research firms have issued reports on SBRY. UBS Group reiterated a “buy” rating and set a GBX 400 ($5.23) target price on shares of J Sainsbury in a report on Friday, August 17th. Barclays reiterated an “overweight” rating and set a GBX 375 ($4.90) target price on shares of J Sainsbury in a report on Wednesday, August 29th. HSBC reiterated a “hold” rating on shares of J Sainsbury in a report on Monday, August 13th. Shore Capital reiterated a “hold” rating on shares of J Sainsbury in a report on Wednesday, July 11th. Finally, Deutsche Bank reiterated a “hold” rating on shares of J Sainsbury in a report on Thursday, July 5th.

SBRY stock opened at GBX 312.50 ($4.08) on Monday. J Sainsbury has a 1 year low of GBX 222.40 ($2.91) and a 1 year high of GBX 339.89 ($4.44).

About J Sainsbury

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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Analyst Recommendations for J Sainsbury (LON:SBRY)

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