According to information provided by Bloomberg Ratings, the stock of J Sainsbury plc (LON: SBRY) has been given an average ” Hold ” recommendation from the six different brokerages currently tracking the company. One financial analyst thinks that the stock ought to be sold, three think it ought to be held, and one thinks the enterprise ought to be acquired.
Analysts who rated the stock in the previous year have set a price target of GBX 233.25 ($2.81) as the average price they expect the stock to reach within the next 12 months.
Recently, several analysts have released their publications, which consist of their analyses of the company’s stock that were recently published.
Barclays reaffirmed an “overweight” rating on shares of J. Sainsbury and positioned a GBX 280 ($3.38) price objective on the company’s stock in a research report published on Friday, November 4th.
The report was about the company’s stock.
A research note published on Friday, January 27th, reaffirmed the “house stock” recommendation that Shore Capital had previously assigned to shares of J. Sainsbury.
The recommendation was made about J. Sainsbury. JPMorgan Chase & Co raised their target price on J. Sainsbury’s stock from GBX 206 ($2.49) to GBX 213 ($2.57) in a research report published on Thursday, January 5th.
The firm rated the stock as “underweight.” This was the final piece of good news to surface throughout the day.
The opening price for SBRY shares on Friday was GBX 265.40, approximately $3.20 in American currency.
The current ratio is 0.70, and the quick ratio stands at 0.53.
At the moment, the ratio of debt to equity stands at 92.36. Over the past year, the price of J Sainsbury has ranged from its all-time low of GBX 168.70 ($2.04) to its all-time high of GBX 272.20 ($3.28).
The simple moving average price for the company over the past 200 days is GBX 220.44, and the simple moving average price over the last 50 days is GBX 249.62.
The stock has a price-to-earnings ratio of 1,061.60, a price-to-growth ratio of 1.45, and a beta value of 0.65.
Each of these metrics is significantly higher than the stock’s beta value.
The current price of the stock is calculated to be £6.24 billion.
J. Sainsbury plc and its subsidiaries and affiliates provide monetary services to customers in the United Kingdom and the Republic of Ireland. J. Sainsbury plc is best known for its retail operations in the food and clothing industries, but it also sells household goods and clothing.
The retailing of food, general merchandise, and retail financial services are the three distinct business segments that collectively make up this company.