JP Morgan Cazenove Maintains GBX 200.00 Target Price On Sainsbury J PLC (LON:SBRY), Maintains Underweight Rating; Source Capital (SOR) Sentiment Is 0.94

The stock increased 0.02% or $0.01 during the last trading session, reaching $41. About 25,506 shares traded or 82.39% up from the average. Source Capital, Inc. (SOR) has risen 5.83% since January 4, 2017 and is uptrending. It has underperformed by 10.87% the S&P500.

In a note revealed to investors and clients on 4 January, Sainsbury J PLC (LON:SBRY) stock Underweight was restate by Analysts at JP Morgan Cazenove. They currently have a GBX 200.00 target price on the stock. JP Morgan Cazenove’s target price means a potential downside of -18.02% from the company’s last close price.

Among 21 analysts covering Sainsbury J PLC (LON:SBRY), 7 have Buy rating, 3 Sell and 11 Hold. Therefore 33% are positive. Sainsbury J PLC has GBX 360 highest and GBX 155 lowest target. GBX 262.89’s average target is 7.92% above currents GBX 243.6 stock price. Sainsbury J PLC had 254 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of J Sainsbury plc (LON:SBRY) has “Hold” rating given on Friday, March 17 by Beaufort Securities. The rating was maintained by Societe Generale on Wednesday, November 2 with “Hold”. As per Monday, February 1, the company rating was maintained by Shore Capital. The rating was maintained by Jefferies with “Hold” on Monday, September 26. The firm has “Reduce” rating by HSBC given on Wednesday, December 16. The company was maintained on Monday, January 9 by HSBC. Deutsche Bank maintained the shares of SBRY in report on Wednesday, February 3 with “Hold” rating. The company was maintained on Friday, August 14 by Goldman Sachs. The firm has “Underweight” rating given on Thursday, January 4 by JP Morgan. Cantor Fitzgerald maintained the stock with “Buy” rating in Friday, July 31 report.

The stock increased 0.04% or GBX 0.1 during the last trading session, reaching GBX 243.6. About 2.07 million shares traded. J Sainsbury plc (LON:SBRY) has 0.00% since January 4, 2017 and is . It has underperformed by 16.70% the S&P500.

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. The company has market cap of 5.33 billion GBP. It operates through four divisions: Retail – Food; Retail – General Merchandise & Clothing; Financial Services; and Property Investment. It has a 23.88 P/E ratio. The firm operates various store formats, including convenience stores and supermarkets, as well as offers organic produce under the Food to Go and FreeFrom names.