SAINSBURY (J) PLC ORD 28 4/7P – Consensus Indicates Potential 30.9% Upside

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SAINSBURY (J) PLC ORD 28 4/7P found using the EPIC (LON:SBRY) have now 15 analysts covering the company.The range between the high target price and low target price is between £4.00 and £2.31 meaning the average target price is £3.17. Given that the previous closing share price was at £2.42 this indicates there is a potential upside of 30.9%. The 50 day moving average now sits at £2.35 and the 200 day MA is £2.26. The market cap for the company is £6b. Company Website: http://www.about.sainsburys.co.uk

J Sainsbury plc, 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 plc was founded in 1869 and is headquartered in London, the United Kingdom.

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