J Sainsbury (LON:SBRY) Insider Sells £93,447.20 in Stock

J Sainsbury plc (LON:SBRY) insider Simon Roberts sold 30,340 shares of J Sainsbury stock in a transaction on Monday, January 12th. The stock was sold at an average price of GBX 308, for a total value of £93,447.20.

J Sainsbury Trading Down 0.4%

Shares of J Sainsbury stock opened at GBX 314.80 on Friday. J Sainsbury plc has a 1 year low of GBX 223.40 and a 1 year high of GBX 360.40. The company has a market capitalization of £7.03 billion, a P/E ratio of 22.33, a P/E/G ratio of 0.42 and a beta of 0.67. The business has a 50 day moving average price of GBX 322 and a 200 day moving average price of GBX 316.16. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53.

J Sainsbury (LON:SBRY) last released its earnings results on Thursday, November 6th. The grocer reported GBX 10.30 earnings per share (EPS) for the quarter. J Sainsbury had a net margin of 0.42% and a return on equity of 1.94%. Sell-side analysts anticipate that J Sainsbury plc will post 25.7241977 EPS for the current fiscal year.

Analyst Ratings Changes

SBRY has been the topic of several research reports. JPMorgan Chase & Co. cut their target price on J Sainsbury from GBX 350 to GBX 345 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Jefferies Financial Group decreased their price objective on shares of J Sainsbury from GBX 330 to GBX 310 and set a “hold” rating for the company in a research note on Friday. Shore Capital restated a “house stock” rating on shares of J Sainsbury in a report on Thursday, November 6th. Finally, Citigroup decreased their price target on shares of J Sainsbury from GBX 366 to GBX 360 and set a “buy” rating for the company in a research report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 330.

About J Sainsbury

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority. Our purpose is that driven by our passion for food, together we serve and help every customer.

Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury’s Bank.