J Sainsbury plc (LON:SBRY – Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 274.47 ($3.56) and traded as high as GBX 278.60 ($3.62). J Sainsbury shares last traded at GBX 275.60 ($3.58), with a volume of 5,122,637 shares traded.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on SBRY. JPMorgan Chase & Co. restated an “underweight” rating on shares of J Sainsbury in a research report on Friday, June 28th. Jefferies Financial Group restated a “buy” rating and issued a GBX 300 ($3.90) price objective on shares of J Sainsbury in a research report on Tuesday, July 2nd. Finally, Shore Capital reaffirmed a “house stock” rating on shares of J Sainsbury in a research note on Thursday, September 19th.
Check Out Our Latest Stock Analysis on SBRY
J Sainsbury Price Performance
J Sainsbury Company Profile
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.
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