JPMorgan Chase started coverage on shares of J Sainsbury (LON: SBRY) in a research report sent to investors on Wednesday morning. The firm issued an underweight rating and a $5.03 (330 GBX) price target on the stock.
Shares of J Sainsbury opened at 346.40 on Wednesday. J Sainsbury has a one year low of GBX 278.60 and a one year high of GBX 362.20. The stock’s 50-day moving average is currently GBX 344.5. The company’s market cap is £6.514 billion.
A number of other firms have also recently commented on SBRY. Analysts at Cantor Fitzgerald reiterated a buy rating on shares of J Sainsbury in a research note to investors on Tuesday, January 8th. They now have a $6.29 price target on the stock. Separately, analysts at Barclays Capital reiterated an overweight rating on shares of J Sainsbury in a research note to investors on Friday, January 4th. They now have a $6.18 price target on the stock. Finally, analysts at reiterated an underperform rating on shares of J Sainsbury in a research note to investors on Thursday, January 3rd. They now have a $5.24 price target on the stock.
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