According to Zacks, “J Sainsbury plc is a leading UK food retailer with interests in financial services. It consists of Sainsbury’s Supermarkets, Sainsbury’s Local, Bells Stores, Jacksons Stores and JB Beaumont, Sainsbury’s Online and Sainsbury’s Bank. It employs 148,000 people. “
JSAIY has been the topic of a number of other research reports. Barclays raised J Sainsbury from an equal weight rating to an overweight rating in a research report on Monday, July 22nd. Bank of America lowered J Sainsbury from a buy rating to a neutral rating in a research report on Wednesday, May 8th. Finally, Goldman Sachs Group raised J Sainsbury from a sell rating to a neutral rating in a research report on Thursday, June 27th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. J Sainsbury has an average rating of Hold and a consensus target price of $13.00.
About J Sainsbury
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail Food; Retail General Merchandise and Clothing; Financial Services; and Property Investment.
Featured Story: Dollar Cost Averaging
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.