J Sainsbury plc (LON:SBRY) shares traded up 0% on Thursday . The stock traded as high as GBX 247.20 ($3.47) and last traded at GBX 246.20 ($3.45). 12,160,000 shares changed hands during trading, an increase of 43% from the average session volume of 8,480,000 shares. The stock had previously closed at GBX 246.20 ($3.45).
A number of research analysts recently commented on the company. Deutsche Bank reiterated a “hold” rating on shares of J Sainsbury in a report on Wednesday. Shore Capital reiterated a “buy” rating on shares of J Sainsbury in a report on Wednesday, October 18th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 200 ($2.80) price objective on shares of J Sainsbury in a report on Thursday, January 4th. Goldman Sachs Group reiterated a “sell” rating on shares of J Sainsbury in a report on Thursday, January 4th. Finally, Jefferies Group decreased their price objective on J Sainsbury from GBX 260 ($3.65) to GBX 250 ($3.51) and set a “hold” rating on the stock in a report on Monday, October 23rd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of GBX 259.33 ($3.64).
The stock has a market capitalization of $5,360.00 and a P/E ratio of 2,449.00.
About J Sainsbury
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).
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 MarketBeat.com's FREE daily email newsletter.