According to Zacks, “J Sainsbury plc is a leading UK food retailer with interests in financial services. It consists of Sainsbury’s Supermarkets, Sainsbury’s Local, Bells Stores, Jacksons Stores and JB Beaumont, Sainsbury’s Online and Sainsbury’s Bank. It employs 148,000 people. “
A number of other equities analysts have also recently issued reports on JSAIY. Societe Generale raised shares of J Sainsbury from a hold rating to a buy rating in a research note on Friday, April 17th. Jefferies Financial Group raised shares of J Sainsbury from a hold rating to a buy rating in a research report on Monday, March 16th. JPMorgan Chase & Co. reissued an underweight rating on shares of J Sainsbury in a research report on Tuesday, May 19th. Morgan Stanley reissued an equal weight rating on shares of J Sainsbury in a research report on Thursday, May 21st. Finally, UBS Group reissued a buy rating on shares of J Sainsbury in a research report on Wednesday, May 13th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of $14.00.
J Sainsbury Company Profile
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 four segments: Retail – Food; Retail – General Merchandise and Clothing; Financial Services; and Property Investment.
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