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. “
Several other equities analysts have also issued reports on JSAIY. Morgan Stanley restated an equal weight rating on shares of J Sainsbury in a research note on Thursday, May 21st. JPMorgan Chase & Co. restated an underweight rating on shares of J Sainsbury in a research note on Tuesday, May 19th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have assigned a buy rating to the company. J Sainsbury has a consensus rating of Hold and an average price target of $11.00.
About J Sainsbury
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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