J Sainsbury plc (LON:SBRY)‘s stock had its “neutral” rating reaffirmed by equities research analysts at BNP Paribas in a report issued on Monday, Marketbeat reports. They presently have a GBX 250 ($3.56) price target on the grocer’s stock. BNP Paribas’ price target would suggest a potential upside of 6.47% from the company’s current price.

A number of other brokerages have also weighed in on SBRY. Grupo Santander restated an “underweight” rating and issued a GBX 235 ($3.35) price objective on shares of J Sainsbury plc in a report on Thursday, November 5th. Deutsche Bank decreased their price objective on shares of J Sainsbury plc from GBX 275 ($3.92) to GBX 265 ($3.78) and set a “hold” rating for the company in a report on Friday, November 6th. Barclays restated an “equal weight” rating and issued a GBX 250 ($3.56) price objective on shares of J Sainsbury plc in a report on Monday, November 9th. Goldman Sachs restated a “sell” rating and issued a GBX 185 ($2.64) price objective on shares of J Sainsbury plc in a report on Monday, November 9th. Finally, Nomura restated a “neutral” rating and issued a GBX 240 ($3.42) price objective on shares of J Sainsbury plc in a report on Monday, November 9th. Seven equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 252.18 ($3.59).

J Sainsbury plc (LON:SBRY) traded up 1.65% during midday trading on Monday, hitting GBX 234.80. The company’s stock had a trading volume of 7,398,173 shares. J Sainsbury plc has a 12 month low of GBX 221.30 and a 12 month high of GBX 288.40. The firm’s market cap is GBX 4.51 billion. The company’s 50 day moving average price is GBX 246.41 and its 200 day moving average price is GBX 252.23.

The firm also recently disclosed a dividend, which was paid on Monday, January 4th. Stockholders of record on Thursday, November 19th were paid a dividend of GBX 4 ($0.06) per share. The ex-dividend date was Thursday, November 19th. This represents a dividend yield of 1.58%.

J Sainsbury plc is a United Kingdom-based company, engaged in supermarkets and convenience stores, and an online grocery and general merchandise operation. The Company also has two property joint ventures with Land Securities Group Plc and The British Land Company Plc. Sainsbury’s Bank provides a range of banking and insurance products. As of March 2013, J Sainsbury plc consists of a chain of 592 supermarkets and 611 convenience stores. It provides a selection of movies, music, books, games and other entertainment products through Sainsbury’s Entertainment.

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