J Sainsbury plc (LON:SBRY - Get Free Report)'s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 270.29 ($3.64) and traded as high as GBX 305.20 ($4.11). J Sainsbury shares last traded at GBX 305.20 ($4.11), with a volume of 3,302,397 shares traded.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on SBRY shares. Shore Capital reaffirmed a "house stock" rating on shares of J Sainsbury in a report on Tuesday, July 1st. Royal Bank Of Canada increased their price objective on shares of J Sainsbury from GBX 300 to GBX 305 and gave the company an "outperform" rating in a research note on Friday, July 4th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of GBX 305.
Read Our Latest Research Report on SBRY
J Sainsbury Trading Up 0.5%
The business's 50 day simple moving average is GBX 293.67 and its two-hundred day simple moving average is GBX 271.62. The stock has a market cap of £7.06 billion, a P/E ratio of 51.58, a PEG ratio of 0.42 and a beta of 0.67. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36.
Insider Buying and Selling at J Sainsbury
In related news, insider Simon Roberts sold 578,500 shares of the business's stock in a transaction on Thursday, July 10th. The shares were sold at an average price of GBX 284, for a total value of £1,642,940. 5.40% of the stock is currently owned by corporate insiders.
About J Sainsbury
(
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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.
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