Deutsche Bank Reconfirmed Sainsbury J PLC (LON:SBRY) As a Hold; They Now Have a Target Price Of GBX 265.00

Share

Sainsbury J PLC (LON:SBRY) Rating Reaffirmed

In analysts report revealed to clients this morning, Deutsche Bank maintained their Hold rating on Sainsbury J PLC (LON:SBRY) shares. The target could mean a possible upside of 8.72% from company’s last stock price.

From a total of 19 analysts covering Sainsbury J PLC (LON:SBRY) stock, 6 rate it a ”Buy”, 7 a “Sell”, and 9 a ”Hold”. This means that 27% of the ratings are positive. The highest target price is GBX 330 while the lowest target price is GBX 185. The mean of all analyst targets is GBX 263.53 with a 3.72% above today’s (GBX 242) stock price. Sainsbury J PLC was the topic of 54 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 8 with “Hold” rating. Nomura maintained shares with “Neutral” rating and GBX 250 target share price in a report from a November 17. Charles Stanley maintained SBRY stock in a recent report from November 25 with “Accumulate” rating. Macquarie Research upgraded the rating on November 16. Macquarie Research has a “Neutral” rating and a GBX 240 price target on shares. Finally, Citigroup maintained the stock with “Neutral” rating in a report issued on a November 17.

The stock increased 0.12% or GBX 0.3 on December 7, striking GBX 242. Approximately shares of stock traded hands. J Sainsbury plc (LON:SBRY) has declined 14.14% since May 11, 2015 and is downtrending. It has underperformed by 13.55% the S&P500.

Deutsche Bank Reconfirmed Sainsbury J PLC (LON:SBRY) As a Hold; They Now Have a Target Price Of GBX 265.00

J Sainsbury plc is a United Kingdom company, engaged in supermarkets and convenience stores, and an online grocery and general merchandise operation. The company has a market cap of 4.71 billion GBP. The Firm also has two property joint ventures with Land Securities Group Plc and The British Land Company Plc. It has 11.06 P/E ratio. Sainsbury’s Bank provides a range of banking and insurance products.

COMMENTS: