J Sainsbury plc 50.1% Potential Upside Indicated by Credit Suisse

Broker Ratings
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J Sainsbury plc using EPIC/TICKER code (LON:SBRY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. J Sainsbury plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set their target price at 280 GBX on its stock. This indicates the analyst now believes there is a potential upside of 50.1% from the opening price of 186.6 GBX. Over the last 30 and 90 trading days the company share price has decreased 14.5 points and decreased 15.9 points respectively. The 1 year high for the stock price is 236.7 GBX while the year low stock price is currently 171.19 GBX.

J Sainsbury plc has a 50 day moving average of 203.87 GBX and the 200 Day Moving Average price is recorded at 211.48. There are currently 2,218,710,880 shares in issue with the average daily volume traded being 12,413,472. Market capitalisation for LON:SBRY is £4,112,566,953 GBP.

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