J Sainsbury (LON:SBRY)‘s stock had its “hold” rating restated by stock analysts at Kepler Capital Markets in a research report issued on Thursday. They presently have a GBX 252 ($3.42) target price on the grocer’s stock. Kepler Capital Markets’ price objective indicates a potential upside of 0.96% from the company’s previous close.

Several other research analysts have also recently commented on SBRY. BNP Paribas restated a “neutral” rating and set a GBX 250 ($3.39) target price on shares of J Sainsbury in a report on Wednesday, September 13th. Citigroup restated a “buy” rating and set a GBX 305 ($4.14) target price on shares of J Sainsbury in a report on Wednesday, September 20th. Deutsche Bank restated a “hold” rating and set a GBX 300 ($4.07) target price on shares of J Sainsbury in a report on Wednesday, September 20th. Credit Suisse Group reduced their target price on shares of J Sainsbury from GBX 320 ($4.34) to GBX 295 ($4.00) and set an “outperform” rating for the company in a report on Monday, October 2nd. Finally, Berenberg Bank started coverage on shares of J Sainsbury in a report on Tuesday, October 3rd. They set a “buy” rating and a GBX 300 ($4.07) target price for the company. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company. J Sainsbury presently has an average rating of “Hold” and an average target price of GBX 263.29 ($3.57).

J Sainsbury (SBRY) opened at GBX 249.60 ($3.38) on Thursday. J Sainsbury has a 1-year low of GBX 222.40 ($3.02) and a 1-year high of GBX 339.89 ($4.61). The company has a market cap of $5,560.00 and a price-to-earnings ratio of 2,496.00.

WARNING: “J Sainsbury (SBRY) Receives “Hold” Rating from Kepler Capital Markets” was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.watchlistnews.com/j-sainsbury-sbry-receives-hold-rating-from-kepler-capital-markets/1802766.html.

J Sainsbury Company Profile

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).

Analyst Recommendations for J Sainsbury (LON:SBRY)

Receive News & Ratings for J Sainsbury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury and related companies with Analyst Ratings Network's FREE daily email newsletter.