J Sainsbury plc 9.9% Potential Decrease Indicated by Berenberg

Broker Ratings
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J Sainsbury plc using EPIC/TICKER code (LON:SBRY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ this morning by analysts at Berenberg. J Sainsbury plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set their target price at 175 GBX on its stock. This now indicates the analyst believes there is a potential downside of -9.9% from today’s opening price of 194.2 GBX. Over the last 30 and 90 trading days the company share price has decreased 11.9 points and decreased 7.6 points respectively. The 52 week high for the share price is currently at 236.7 GBX while the 52 week low for the share price is 171.19 GBX.

J Sainsbury plc has a 50 day moving average of 207.76 GBX and the 200 Day Moving Average price is recorded at 211.44. There are currently 2,218,710,880 shares in issue with the average daily volume traded being 16,582,401. Market capitalisation for LON:SBRY is £4,387,500,765 GBP.

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