J Sainsbury plc (LON:SBRY) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• J Sainsbury has a “Moderate Buy” consensus rating from six analysts, with four issuing buy ratings and two recommending hold.
• The average 12-month price target is GBX 355.17, compared with the stock’s opening price of GBX 339.65; individual targets range from GBX 310 to GBX 395.
• Insider Simon Roberts sold 346,154 shares for approximately £1.15 million, while company insiders retain a 0.44% ownership stake.

Shares of J Sainsbury plc (LON:SBRY - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six ratings firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is GBX 355.17.

SBRY has been the subject of a number of research reports. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 375 price objective on shares of J Sainsbury in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 360 price target on shares of J Sainsbury in a research report on Monday, August 3rd. Citigroup lifted their price target on shares of J Sainsbury from GBX 330 to GBX 346 and gave the company a "neutral" rating in a report on Friday, August 7th. UBS Group reaffirmed a "buy" rating and set a GBX 395 price objective on shares of J Sainsbury in a research report on Friday, June 26th. Finally, Jefferies Financial Group reiterated a "hold" rating and set a GBX 310 price objective on shares of J Sainsbury in a research note on Wednesday, July 1st.

Insider Activity

In related news, insider Simon Roberts sold 346,154 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of GBX 333, for a total transaction of £1,152,692.82. Company insiders own 0.44% of the company's stock.

J Sainsbury Stock Performance

Shares of SBRY stock opened at GBX 339.65 on Wednesday. The stock has a market capitalization of £7.40 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 0.42 and a beta of 1.00. J Sainsbury has a one year low of GBX 293.70 and a one year high of GBX 380.30. The company's 50-day simple moving average is GBX 343.21 and its 200-day simple moving average is GBX 333.27. The company has a debt-to-equity ratio of 107.33, a quick ratio of 0.53 and a current ratio of 0.56.

J Sainsbury Company Profile

J Sainsbury plc is one of the UK's leading food, general merchandise and clothing retailers. Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority. Our purpose is that driven by our passion for food, together we serve and help every customer. Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury's Bank.

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