SAINSBURY (J) ORD 28 4/7P – Consensus Indicates Potential 19.8% Upside

Broker Ratings
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SAINSBURY (J) ORD 28 4/7P with EPIC code (LON:SBRY) now have 15 analysts in total covering the company. The target price ranges between £4.00 and £2.31 and has a mean target at £3.17. Given that the previous closing share price was at £2.65 this would imply there is a potential upside of 19.8%. The 50 day moving average now sits at £2.45 and the 200 day moving average is £2.32. The company has a market capitalisation of £6b. You can visit the company’s website by visiting: http://www.about.sainsburys.co.uk

J Sainsbury , together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through three segments: Retail – Food, Retail – General Merchandise and Clothing, and Financial Services. The company operates various store formats, including convenience stores and supermarkets. It is also involved in online grocery and general merchandise operations. As of March 7, 2020, the company operated 882 Argos stores and 281 collection points, as well as 16 Habitat stores. In addition, the company offers financial services, such as credit cards, and travel money and personal loans, as well as home, car, pet, and life insurance. J Sainsbury was founded in 1869 and is headquartered in London, the United Kingdom.

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