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Sainsbury J PLC (LON:SBRY) target price held steady at 300.00GBX, issued a report today by Deutsche Bank

Sainsbury J PLC (LON:SBRY) had its target price hold steady to 300.00GBX by Deutsche Bank in a report released 07/07/2017. The new target price indicates a possible upside of 0.20% based on the company's last stock close price.

Previously on Wednesday July 05, 2017, Deutsche Bank reported about Sainsbury J PLC (LON:SBRY) held steady the target price at 300.00GBX. At the time, this indicated a possible upside of 0.21%.

Only yesterday Sainsbury J PLC (LON:SBRY) traded -0.86% lower at 251.00GBX. SBRY’s 50-day average is 248.47GBX and its two hundred day average is 261.76GBX. The last close is down -7.70% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time. 3,727,583 shares of the stock were exchanged, down from an average trading volume of 7,011,500

Performance Chart

Sainsbury J PLC (LON:SBRY)

With a total market value of 0 GBX, Sainsbury J PLC has price-earnings ratio of 14.64 with a one year low of 224.10GBX and a 52 week high of 283.60GBX .

In addition to Deutsche Bank reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is 260.87GBX with 1 firm rating the stock a strong buy, 5 firms rating the stock a buy, 8 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About 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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