J Sainsbury (LON:SBRY)‘s stock had its “neutral” rating reissued by research analysts at UBS Group in a research report issued to clients and investors on Thursday, May 2nd, ThisIsMoney.Co.Uk reports.
Several other research firms also recently issued reports on SBRY. Goldman Sachs Group decreased their price target on J Sainsbury from GBX 241 ($3.15) to GBX 225 ($2.94) and set a “sell” rating for the company in a research note on Wednesday, April 17th. Deutsche Bank reiterated a “hold” rating on shares of J Sainsbury in a research note on Thursday, May 2nd. HSBC decreased their price target on J Sainsbury from GBX 210 ($2.74) to GBX 180 ($2.35) and set a “reduce” rating for the company in a research note on Friday, April 26th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 200 ($2.61) price target on shares of J Sainsbury in a research note on Wednesday, May 1st. Finally, Shore Capital reiterated a “hold” rating on shares of J Sainsbury in a research note on Wednesday, January 9th. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. J Sainsbury currently has an average rating of “Hold” and a consensus target price of GBX 244.10 ($3.19).
LON:SBRY opened at GBX 195.30 ($2.55) on Thursday. The firm has a market cap of $4.31 billion and a P/E ratio of 21.94. J Sainsbury has a 1-year low of GBX 199.30 ($2.60) and a 1-year high of GBX 341.80 ($4.47). The company has a current ratio of 0.67, a quick ratio of 0.12 and a debt-to-equity ratio of 21.48.
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.
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