J Sainsbury (LON:SBRY) Insider Sells £1,152,692.82 in Stock

J Sainsbury plc (LON:SBRY) insider Simon Roberts sold 346,154 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of GBX 333, for a total value of £1,152,692.82.

J Sainsbury Price Performance

Shares of LON:SBRY opened at GBX 333.50 on Friday. J Sainsbury plc has a twelve month low of GBX 292.27 and a twelve month high of GBX 380.30. The company’s 50 day moving average is GBX 336.78 and its 200 day moving average is GBX 333.72. The company has a current ratio of 0.56, a quick ratio of 0.53 and a debt-to-equity ratio of 107.33. The company has a market cap of £7.27 billion, a PE ratio of 19.73, a price-to-earnings-growth ratio of 0.42 and a beta of 1.01.

Analyst Ratings Changes

SBRY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 360 price target on shares of J Sainsbury in a research report on Monday, August 3rd. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 375 target price on shares of J Sainsbury in a research note on Thursday, July 2nd. Citigroup upped their price objective on shares of J Sainsbury from GBX 330 to GBX 346 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Shore Capital Group reissued a “house stock” rating on shares of J Sainsbury in a research note on Friday, July 31st. Finally, UBS Group reissued a “buy” rating and set a GBX 395 target price on shares of J Sainsbury in a research note on Friday, June 26th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, J Sainsbury has an average rating of “Moderate Buy” and a consensus price target of GBX 355.17.

J Sainsbury Company Profile

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.