Deutsche Bank Reiterates Hold Rating for J Sainsbury (LON:SBRY)
J Sainsbury (LON:SBRY)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Friday, ThisIsMoney.Co.Uk reports.
Other research analysts have also issued reports about the stock. HSBC lowered shares of Ferrari from a “buy” rating to a “hold” rating in a report on Friday, April 26th. JPMorgan Chase & Co. decreased their price target on shares of Teck Resources from C$56.00 to C$55.00 in a report on Wednesday, April 24th. Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Wednesday, July 3rd. Goldman Sachs Group set a €94.00 ($109.30) price target on shares of Henkel AG & Co KGaA and gave the company a “neutral” rating in a report on Friday, June 28th. Finally, Sanford C. Bernstein raised shares of Walmart from a “market perform” rating to an “outperform” rating and set a $101.80 price target for the company in a report on Thursday, May 2nd. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 236.60 ($3.09).
LON SBRY opened at GBX 199.60 ($2.61) on Friday. J Sainsbury has a one year low of GBX 185.30 ($2.42) and a one year high of GBX 341.80 ($4.47). The firm has a 50-day simple moving average of GBX 197.47. The company has a debt-to-equity ratio of 24.73, a current ratio of 0.67 and a quick ratio of 0.46. The firm has a market cap of $4.41 billion and a price-to-earnings ratio of 22.43.
About J Sainsbury
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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