J Sainsbury (LON: SBRY)‘s stock had its “neutral” rating reiterated by investment analysts at Espirito Santo Execution in a note issued to investors on Monday. They currently have a $5.26 (350 GBX) target price on the stock.
J Sainsbury opened at 344.11 on Monday. J Sainsbury has a 52-week low of GBX 278.60 and a 52-week high of GBX 362.20. The stock’s 50-day moving average is currently GBX 344.5. The company’s market cap is £6.471 billion.
SBRY has been the subject of a number of other recent research reports. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of J Sainsbury in a research note to investors on Wednesday, February 27th. They now have a $6.07 price target on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of J Sainsbury in a research note to investors on Wednesday, February 27th. They now have a $5.00 price target on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “hold” rating on shares of J Sainsbury in a research note to investors on Monday, February 25th. They now have a $4.53 price target on the stock.
J Sainsbury plc is engaged in grocery and related retailing. The Company is organized into three segments: Retailing (Supermarkets and Convenience); Financial services (Sainsbury’s Bank joint venture), and Property investments (The British Land Company PLC joint venture and Land Securities PLC joint venture).
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