J Sainsbury plc (LON:SBRY) insider Simon Roberts sold 69,585 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of GBX 187 ($2.30), for a total transaction of £130,123.95 ($160,132.85).
LON:SBRY traded up GBX 3.45 ($0.04) during trading hours on Thursday, reaching GBX 190.20 ($2.34). The company’s stock had a trading volume of 7,849,189 shares, compared to its average volume of 9,310,000. The company has a debt-to-equity ratio of 93.40, a quick ratio of 0.45 and a current ratio of 0.63. The firm has a market capitalization of $4.23 billion and a price-to-earnings ratio of 32.79. The firm has a 50-day simple moving average of GBX 196.92 and a 200-day simple moving average of GBX 200.63. J Sainsbury plc has a 1 year low of GBX 1.99 ($0.02) and a 1 year high of £201.30 ($247.72).
Several research firms have recently weighed in on SBRY. JPMorgan Chase & Co. decreased their price target on shares of J Sainsbury from GBX 190 ($2.34) to GBX 180 ($2.22) and set an “underweight” rating on the stock in a report on Tuesday, May 19th. UBS Group restated a “buy” rating on shares of J Sainsbury in a research report on Thursday, July 2nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of J Sainsbury in a research report on Thursday, April 23rd. Berenberg Bank increased their price target on shares of J Sainsbury from GBX 170 ($2.09) to GBX 175 ($2.15) and gave the stock a “sell” rating in a report on Monday, May 4th. Finally, Morgan Stanley dropped their price objective on shares of J Sainsbury from GBX 214 ($2.63) to GBX 205 ($2.52) and set an “equal weight” rating for the company in a report on Thursday, May 21st. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 234.36 ($2.88).
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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