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J Sainsbury plc (SBRY) Receives a Hold from Jefferies

Tipranks - Tipranks - Wed Mar 11, 4:18PM CDT

Jefferies analyst Frederick Wild reiterated a Hold rating on J Sainsbury plc today and set a price target of p310.00.

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According to TipRanks, Wild is a 2-star analyst with an average return of 0.7% and a 54.17% success rate. Wild covers the Consumer Cyclical sector, focusing on stocks such as Marks and Spencer, Zalando, and Next plc.

Currently, the analyst consensus on J Sainsbury plc is a Moderate Buy with an average price target of p348.00.

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Based on J Sainsbury plc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p17.58 billion and a net profit of p165 million. In comparison, last year the company earned a revenue of p17.2 billion and had a net profit of p76 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is neutral on the stock.

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