Key Points
- Insider sale: Insider Bláthnaid Bergin sold 225,000 shares at an average price of GBX 320 on November 17, for proceeds of about £720,000.
- Analyst moves: Citigroup and JPMorgan trimmed price targets recently, and the stock carries a consensus rating of “Moderate Buy” with a consensus target of GBX 331.
- Stock and results snapshot: Sainsbury opened at GBX 323 with a 50‑day SMA of GBX 332.93 and 200‑day SMA of GBX 305.55; the firm reported quarterly EPS of GBX 10.30 and a 12‑month range of GBX 223.40–360.40.
J Sainsbury plc (LON:SBRY - Get Free Report) insider Bl á thnaid Bergin sold 225,000 shares of the company's stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of GBX 320, for a total value of £720,000.
J Sainsbury Stock Performance
LON:SBRY opened at GBX 323 on Friday. The firm's fifty day simple moving average is GBX 332.93 and its 200 day simple moving average is GBX 305.55. J Sainsbury plc has a twelve month low of GBX 223.40 and a twelve month high of GBX 360.40. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36. The stock has a market cap of £7.28 billion, a P/E ratio of 31.67, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67.
J Sainsbury (LON:SBRY - Get Free Report) last announced its earnings results on Thursday, November 6th. The grocer reported GBX 10.30 earnings per share for the quarter. J Sainsbury had a net margin of 0.42% and a return on equity of 1.94%. As a group, research analysts predict that J Sainsbury plc will post 25.7241977 EPS for the current year.
Analysts Set New Price Targets
Several brokerages recently issued reports on SBRY. Citigroup decreased their price target on shares of J Sainsbury from GBX 338 to GBX 333 and set a "neutral" rating for the company in a research note on Monday, November 10th. JPMorgan Chase & Co. reduced their price objective on J Sainsbury from GBX 363 to GBX 355 and set an "overweight" rating for the company in a research report on Monday, November 10th. Finally, Shore Capital reissued a "house stock" rating on shares of J Sainsbury in a report on Thursday, November 6th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 331.
Read Our Latest Report on SBRY
J Sainsbury Company Profile
(
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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.
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