J Sainsbury Rated ‘Neutral’ by BNP Barias, ‘Hold’ by Beaufort Securities

Sainsburys
BNP Barias and Beaufort Securities have maintained their ratings for J Sainsbury plc, a report said.

Beaufort Securities reaffirmed its “hold” rating on shares of J Sainsbury in a report issued on January 7, while BNP Barias reiterated its “neutral” rating of the stock and now has a GBX 250 ($3.77) price target for Sainsbury, WKRB News said.

Meanwhile, analysts at Charles Stanley reiterated their “hold” rating on the shares in a January 7 research note, and analysts at Shore Capital reiterated a “sell” rating in a research note on the same day, the report said.

Eight analysts have rated the stock with a “sell” rating, eleven have issued a “hold” rating and three have given a“buy” rating. J Sainsbury currently has a consensus rating of Hold and an average target price of GBX 256.42 ($3.87), the broadcaster said.

J Sainsbury opened at 238.90 on Thursday. It has a 1-year low of GBX 209.50 and a 1-year high of GBX 372.70, with a 50-day moving average of GBX 239.2 and a 200-day moving average of GBX 271.7. The company’s market cap is £4.562 billion, WKRB said.

J Sainsbury is engaged in grocery and related retailing. The company is organized into three segments: retailing, financial services and property investments, the report said.

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