RBC Capital Sticks to Their Buy Rating for J Sainsbury plc (SBRY)
RBC Capital analyst Manjari Dhar maintained a Buy rating on J Sainsbury plc yesterday and set a price target of p385.00. The company’s shares closed yesterday at p351.80.
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Dhar covers the Consumer Cyclical sector, focusing on stocks such as Hugo Boss, Dunelm Group, and Avolta AG. According to TipRanks, Dhar has an average return of 1.7% and a 55.29% success rate on recommended stocks.
In addition to RBC Capital, J Sainsbury plc also received a Buy from TipRanks – OpenAI’s OpenAI Consumer Defensive GB in a report issued today. However, on March 11, Kepler Capital maintained a Hold rating on J Sainsbury plc (LSE: SBRY).
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.
Read More on GB:SBRY:
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