Key Points
- J Sainsbury insider Simon Roberts sold 346,154 shares at an average price of GBX 333, generating proceeds of approximately £1.15 million.
- The stock opened at GBX 328.70 and has a market capitalization of about £7.17 billion, with shares trading between a 12-month range of GBX 292.27 and GBX 380.30.
- Analysts maintain a generally positive view, with four Buy ratings and two Holds, producing a consensus rating of “Moderate Buy” and an average price target of GBX 355.17.
J Sainsbury plc (LON:SBRY - Get Free Report) insider Simon Roberts sold 346,154 shares of the business's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of GBX 333, for a total transaction of £1,152,692.82.
J Sainsbury Stock Performance
LON SBRY opened at GBX 328.70 on Friday. The company has a market capitalization of £7.17 billion, a price-to-earnings ratio of 19.45, a PEG ratio of 0.42 and a beta of 1.01. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 107.33. J Sainsbury plc has a twelve month low of GBX 292.27 and a twelve month high of GBX 380.30. The stock has a fifty day simple moving average of GBX 336.39 and a 200 day simple moving average of GBX 333.72.
Analysts Set New Price Targets
Several brokerages have recently weighed in on SBRY. Jefferies Financial Group reissued a "hold" rating and issued a GBX 310 price target on shares of J Sainsbury in a research note on Wednesday, July 1st. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 375 price objective on shares of J Sainsbury in a research note on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 360 target price on shares of J Sainsbury in a report on Monday, August 3rd. Shore Capital Group reissued a "house stock" rating on shares of J Sainsbury in a research report on Friday, July 31st. Finally, UBS Group restated a "buy" rating and set a GBX 395 price target on shares of J Sainsbury in a report on Friday, June 26th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 355.17.
Check Out Our Latest Research Report on J Sainsbury
About J Sainsbury
(
Get Free Report)
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. Our purpose is that driven by our passion for food, together we serve and help every customer.
Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury's Bank.
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