J Sainsbury plc (LON:SBRY) declared a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 14th will be given a dividend of GBX 3.30 ($0.04) per share by the grocer on Friday, December 20th. This represents a yield of 1.61%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be viewed at this link.
J Sainsbury stock opened at GBX 201 ($2.63) on Friday. The firm’s 50-day moving average is GBX 212.45 and its 200-day moving average is GBX 205.02. The company has a debt-to-equity ratio of 24.73, a quick ratio of 0.46 and a current ratio of 0.67. J Sainsbury has a 1 year low of GBX 177.05 ($2.31) and a 1 year high of GBX 327.20 ($4.28). The company has a market cap of $4.45 billion and a P/E ratio of 22.58.
A number of research analysts have recently issued reports on the stock. Shore Capital restated a “hold” rating on shares of J Sainsbury in a research report on Thursday. Investec raised their price target on shares of J Sainsbury from GBX 265 ($3.46) to GBX 280 ($3.66) and gave the stock a “buy” rating in a research report on Wednesday, August 28th. Deutsche Bank restated a “buy” rating on shares of J Sainsbury in a research report on Friday. Berenberg Bank restated a “hold” rating and issued a GBX 235 ($3.07) price target on shares of J Sainsbury in a research report on Thursday, September 26th. Finally, UBS Group restated a “buy” rating on shares of J Sainsbury in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 227.36 ($2.97).
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.
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