Today, J Sainsbury plc’s (SBRY) Outperform Rating Reiterated at BNP Paribas

Today, J Sainsbury plc’s (SBRY) Outperform Rating Reiterated at BNP Paribas

J Sainsbury plc (LON:SBRY)‘s stock had its “outperform” rating restated by investment analysts at BNP Paribas in a research report issued to clients and investors on Friday. They currently have a GBX 265 ($3.46) price target on the grocer’s stock. BNP Paribas’ price target suggests a potential upside of 8.21% from the company’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Beaufort Securities reissued a “hold” rating on shares of J Sainsbury plc in a research note on Thursday, September 29th. HSBC reissued a “reduce” rating and issued a GBX 185 ($2.41) price target on shares of J Sainsbury plc in a research note on Thursday, September 29th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 280 ($3.65) price target on shares of J Sainsbury plc in a research note on Thursday, September 29th. Shore Capital reissued an “under review” rating on shares of J Sainsbury plc in a research note on Wednesday, September 28th. Finally, Credit Suisse Group AG lifted their price target on shares of J Sainsbury plc from GBX 290 ($3.79) to GBX 315 ($4.11) and gave the company an “outperform” rating in a research note on Monday, September 26th. Five analysts have rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 253.69 ($3.31).

J Sainsbury plc (LON:SBRY) opened at 237.36 on Friday. The company’s market cap is GBX 4.55 billion. The firm’s 50-day moving average is GBX 243.81 and its 200-day moving average is GBX 250.91. J Sainsbury plc has a 52-week low of GBX 211.50 and a 52-week high of GBX 294.40.

10/07/j-sainsbury-plcs-sbry-outperform-rating-reiterated-at-bnp-paribas.html

In related news, insider Harris,Mary acquired 13,119 shares of the stock in a transaction dated Thursday, July 28th. The stock was acquired at an average cost of GBX 227 ($2.96) per share, with a total value of £29,780.13 ($38,872.38). Also, insider Tyler,David A acquired 25,000 shares of the stock in a transaction dated Friday, July 29th. The shares were bought at an average cost of GBX 223 ($2.91) per share, with a total value of £55,750 ($72,771.18).

Related posts

Leave a Comment