Barclays reissued their overweight rating on shares of J Sainsbury (LON:SBRY) in a research report released on Wednesday morning, Analyst Ratings Network reports. Barclays currently has a GBX 410 ($6.63) price objective on the stock.
Barclays has also updated their ratings on a number of other stocks in the last week. The firm lowered its price target on shares of United Continental Holdings from $32.00 to $30.00. They have an equal weight rating on that stock. Also, Barclays raised its price target on shares of BioMarin Pharmaceutical from $70.00 to $75.00. They have an overweight rating on that stock. Finally, Barclays lowered its price target on shares of Mellanox Technologies, Ltd. from $56.00 to $42.00. They have an equal weight rating on that stock.
A number of other analysts have also recently weighed in on SBRY. Analysts at JPMorgan Chase & Co. reiterated an underweight rating on shares of J Sainsbury in a research note to investors on Wednesday. Separately, analysts at Deutsche Bank reiterated a hold rating on shares of J Sainsbury in a research note to investors on Monday. They now have a GBX 425 ($6.87) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a hold rating on shares of J Sainsbury in a research note to investors on Friday, October 18th. They now have a GBX 381 ($6.16) price target on the stock. Seven research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of Hold and a consensus price target of GBX 380.73 ($6.16).
Shares of J Sainsbury (LON:SBRY) traded up 0.18% on Wednesday, hitting GBX 396.80. 2,476,603 shares of the company’s stock traded hands. J Sainsbury has a one year low of GBX 315.831 and a one year high of GBX 403.30. The stock’s 50-day moving average is GBX 391.9 and its 200-day moving average is GBX 383.1. The company’s market cap is £7.490 billion.
J Sainsbury plc is engaged in grocery and related retailing. The Company is organized into three segments: Retailing (LON:SBRY); Financial services (Sainsbury’s Bank joint venture), and Property investments (The British Land Company PLC joint venture and Land Securities PLC joint venture).
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