Exane BNP Paribas covered Sainsbury J PLC (LON:SBRY), holding steady its target price at 265.00GBX today
- Updated: October 6, 2016
Sainsbury J PLC (LON:SBRY) had its price target hold steady to 265.00GBX by Exane BNP Paribas in an issued report issued 10/07/2016. The updated price target implies a potential upside of 0.10% from the company's previous close.
Yesterday Sainsbury J PLC (LON:SBRY) traded -2.29% lower at 240.20GBX. The company’s 50-day moving average is 243.81GBX and its 200-day moving average is 250.91GBX. The last stock price is down -4.63% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,155,427 shares of the stock were exchanged, down from an average trading volume of 8,593,540
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Sainsbury J PLC has a 52 week low of 211.50GBX and a 52 week high of 294.40GBX with a P/E ratio of 10.64 The company’s market cap is currently 0 GBX.
In addition to Exane BNP Paribas reporting its stock price target, a total of 15 equity analysts have released a ratings update on SBRY. The one year target is 260.87GBX with one equity analyst rating the company a strong buy, five equity analysts rating the company a buy, eight brokerages rating the company a hold, three brokerages rating the company a underperform, and lastly one brokerage rating the company a sell.
General Company Details For Sainsbury J PLC (LON:SBRY)
J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company's segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury's Bank plc (Sainsbury's Bank). The Property investments segment includes the Company's joint ventures with the British Land Company PLC and Land Securities Group PLC. The Company has approximately 2,000 food suppliers and over 1,000 non-food suppliers. The Company offers over 15,000 own-brand products and has approximately 770 convenience stores. The Company offers groceries under various categories, such as fruit and veg, meat and fish, dairy, chilled, bakery, frozen, food cupboard, drinks, health and beauty, baby, household, pet and home. Sainsbury's Bank provides a range of products, including insurances, credit cards, savings and loans.
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