Kepler Capital Reaffirms Their Hold Rating on J Sainsbury plc (SBRY)

In a report released today, Francois Digard from Kepler Capital maintained a Hold rating on J Sainsbury plc, with a price target of £2.95. The company’s shares closed today at p330.00.

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Digard covers the Consumer Defensive sector, focusing on stocks such as Carrefour, Koninklijke Ahold Delhaize N.V., and J Sainsbury plc. According to TipRanks, Digard has an average return of 5.9% and a 50.00% success rate on recommended stocks.

In addition to Kepler Capital , J Sainsbury plc also received a Hold from Citi’s Monique Pollard in a report issued on September 18. However, on the same day, Barclays maintained a Buy rating on J Sainsbury plc (LSE: SBRY).

SBRY market cap is currently £7.44B and has a P/E ratio of 22.13.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SBRY in relation to earlier this year.