J Sainsbury’s (SBRY) “House Stock” Rating Reaffirmed at Shore Capital

J Sainsbury (LON:SBRY – Get Rating)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital in a report issued on Monday, Digital Look reports.

SBRY has been the topic of a number of other research reports. Barclays restated an “overweight” rating and issued a GBX 280 ($3.29) price target on shares of J Sainsbury in a research note on Friday, November 4th. JPMorgan Chase & Co. increased their price target on J Sainsbury from GBX 155 ($1.82) to GBX 161 ($1.89) and gave the company an “underweight” rating in a research note on Friday, November 4th. Finally, Jefferies Financial Group cut J Sainsbury to a “hold” rating and dropped their price target for the company from GBX 300 ($3.53) to GBX 210 ($2.47) in a research note on Tuesday, September 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, J Sainsbury presently has a consensus rating of “Hold” and a consensus target price of GBX 240.20 ($2.82).

J Sainsbury Trading Down 1.9 %

Shares of J Sainsbury stock opened at GBX 216.10 ($2.54) on Monday. J Sainsbury has a 12-month low of GBX 168.70 ($1.98) and a 12-month high of GBX 303.60 ($3.57). The stock has a market cap of £5.07 billion and a P/E ratio of 864.40. The company has a quick ratio of 0.53, a current ratio of 0.70 and a debt-to-equity ratio of 92.36. The business’s 50 day moving average is GBX 193.83 and its 200-day moving average is GBX 210.05.

Insider Buying and Selling at J Sainsbury

Want More Great Investing Ideas?

In other news, insider Jo Bertram acquired 8,000 shares of the firm’s stock in a transaction on Wednesday, September 7th. The shares were purchased at an average cost of GBX 209 ($2.46) per share, with a total value of £16,720 ($19,647.47).

About J Sainsbury

(Get Rating)

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 – Food, Retail – General Merchandise and Clothing, and Financial Services.