J Sainsbury (LON:SBRY) Insider Acquires £17,100.06 in Stock

J Sainsbury plc (LON:SBRY) insider Katie Bickerstaffe bought 5,534 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was purchased at an average price of GBX 309 per share, with a total value of £17,100.06.

Katie Bickerstaffe also recently made the following trade(s):

• On Monday, November 10th, Katie Bickerstaffe purchased 2,889 shares of J Sainsbury stock. The shares were purchased at an average price of GBX 344 per share, for a total transaction of £9,938.16.

J Sainsbury Stock Down 0.4%

SBRY opened at GBX 314.80 on Friday. The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. The company has a market capitalization of £7.03 billion, a PE ratio of 22.33, a P/E/G ratio of 0.42 and a beta of 0.67. The stock’s fifty day moving average is GBX 322 and its 200-day moving average is GBX 316.16. J Sainsbury plc has a one year low of GBX 223.40 and a one year high of GBX 360.40.

J Sainsbury (LON:SBRY) last announced its earnings results on Thursday, November 6th. The grocer reported GBX 10.30 earnings per share for the quarter. J Sainsbury had a return on equity of 1.94% and a net margin of 0.42%. On average, equities analysts predict that J Sainsbury plc will post 25.7241977 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Citigroup decreased their target price on J Sainsbury from GBX 366 to GBX 360 and set a “buy” rating for the company in a research report on Monday, January 12th. Shore Capital reissued a “house stock” rating on shares of J Sainsbury in a report on Thursday, November 6th. Jefferies Financial Group dropped their price objective on J Sainsbury from GBX 330 to GBX 310 and set a “hold” rating on the stock in a research note on Friday. Finally, JPMorgan Chase & Co. reduced their price target on shares of J Sainsbury from GBX 350 to GBX 345 and set an “overweight” rating for the company in a report on Monday, January 12th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 330.

About J Sainsbury

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority. Our purpose is that driven by our passion for food, together we serve and help every customer.

Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury’s Bank.