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Sainsbury J PLC (LON:SBRY) stock price target reduced to 250.00GBX, issued a ratings update today by Jefferies International

In a report released on Monday September 26, 2016 Jefferies International reduced the stock price target of Sainsbury J PLC (LON:SBRY) from 280.00GBX to 250.00GBX reporting a possible downside of -0.01%.

Previously on Wednesday September 21, 2016, Deutsche Bank released a statement about Sainsbury J PLC (LON:SBRY) held steady the target price at 280.00GBX. At the time, this indicated a possible upside of 0.13%.

Just yesterday Sainsbury J PLC (LON:SBRY) traded 0.87% higher at 252.50GBX. Sainsbury J PLC’s 50-day moving average is 240.58GBX and its 200-day moving average is 252.79GBX. The last stock price is down 0.21% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 6,182,117 shares of the stock traded hands, down from an avg. volume of 8,713,790

Recent Performance Chart

Sainsbury J PLC (LON:SBRY)

Sainsbury J PLC has price-earnings ratio of 11.26 with a 52 week low of 211.50GBX and a 52 week high of 294.40GBX and has a market capitalization of 0 GBX.

In addition to Jefferies International reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is 260.87GBX with 1 broker rating the stock a strong buy, 5 brokers rating the stock a buy, 8 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

Brief Synopsis On 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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