J Sainsbury (LON:SBRY) Rating Reiterated by Jefferies Financial Group

J Sainsbury (LON:SBRY)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Financial Group in a research report issued on Tuesday, Marketbeat.com reports. They presently have a GBX 300 ($3.79) price target on the grocer’s stock. Jefferies Financial Group’s price objective suggests a potential upside of 17.83% from the company’s previous close.

SBRY has been the subject of several other research reports. Shore Capital reaffirmed a “house stock” rating on shares of J Sainsbury in a research note on Tuesday. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of J Sainsbury in a research note on Friday, June 28th.

J Sainsbury Stock Up 1.7 %

SBRY stock opened at GBX 254.60 ($3.22) on Tuesday. J Sainsbury has a 52 week low of GBX 243.80 ($3.08) and a 52 week high of GBX 311.16 ($3.94). The stock has a market capitalization of £6.01 billion, a P/E ratio of 4,243.33, a P/E/G ratio of 0.39 and a beta of 0.66. The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 96.62. The firm has a 50-day simple moving average of GBX 268.12 and a 200-day simple moving average of GBX 269.62.

Insider Transactions at J Sainsbury

In other J Sainsbury news, insider Simon Roberts sold 189,648 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The shares were sold at an average price of GBX 263 ($3.33), for a total value of £498,774.24 ($630,880.65). Insiders own 5.37% of the company’s stock.

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.