Home » Reports » Broker Ratings » J Sainsbury plc 47.3% Potential Upside Indicated by Credit Suisse

J Sainsbury plc 47.3% Potential Upside Indicated by Credit Suisse

J Sainsbury plc using EPIC/TICKER code (LON:SBRY) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. J Sainsbury plc are listed in the Consumer Services sector within UK Main Market. Credit Suisse have set a target price of 280 GBX on its stock. This indicates the analyst now believes there is a potential upside of 47.3% from today’s opening price of 190.05 GBX. Over the last 30 and 90 trading days the company share price has decreased 12.35 points and decreased 24.05 points respectively. The 52 week high share price is 243.27 GBX while the year low stock price is currently 177.05 GBX.

J Sainsbury plc has a 50 day moving average of 216.24 GBX and the 200 Day Moving Average price is recorded at 311.92. There are currently 2,212,879,105 shares in issue with the average daily volume traded being 6,757,430. Market capitalisation for LON:SBRY is £4,335,030,031 GBP.

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