J Sainsbury (LON:SBRY - Get Free Report)'s stock had its "hold" rating reaffirmed by equities researchers at Jefferies Financial Group in a note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 310 price target on the grocer's stock. Jefferies Financial Group's price objective points to a potential downside of 10.01% from the company's current price.
Other analysts also recently issued reports about the stock. Shore Capital Group reissued a "house stock" rating on shares of J Sainsbury in a research report on Thursday. Citigroup cut their price objective on shares of J Sainsbury from GBX 366 to GBX 360 and set a "buy" rating on the stock in a research report on Monday, January 12th. Finally, JPMorgan Chase & Co. cut their price objective on shares of J Sainsbury from GBX 350 to GBX 345 and set an "overweight" rating on the stock in a research report on Monday, January 12th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 330.
Read Our Latest Stock Report on J Sainsbury
J Sainsbury Stock Up 1.3%
Shares of LON:SBRY traded up GBX 4.40 during midday trading on Friday, reaching GBX 344.50. The company's stock had a trading volume of 9,595,021 shares, compared to its average volume of 31,808,459. The firm has a 50 day moving average of GBX 345.73 and a 200-day moving average of GBX 333.74. The firm has a market capitalization of £7.70 billion, a P/E ratio of 24.43, a PEG ratio of 0.42 and a beta of 1.09. The company has a quick ratio of 0.53, a current ratio of 0.62 and a debt-to-equity ratio of 102.27. J Sainsbury has a 12-month low of GBX 258.60 and a 12-month high of GBX 361.80.
J Sainsbury (LON:SBRY - Get Free Report) last released its earnings results on Thursday, April 23rd. The grocer reported GBX 22.30 earnings per share for the quarter. J Sainsbury had a net margin of 1.00% and a return on equity of 5.08%. The firm had revenue of GBX 3,364.70 billion for the quarter. On average, research analysts anticipate that J Sainsbury will post 25.7241977 earnings per share for the current year.
Insider Activity
In related news, insider Katie Bickerstaffe purchased 4,297 shares of the company's stock in a transaction dated Friday, April 24th. The shares were purchased at an average price of GBX 347 per share, with a total value of £14,910.59. 0.42% of the stock is currently owned by insiders.
Key J Sainsbury News
Here are the key news stories impacting J Sainsbury this week:
About J Sainsbury
(
Get Free Report)
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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