J Sainsbury plc (LON:SBRY) declared a dividend on Thursday, November 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 15th will be paid a dividend of GBX 3.10 ($0.04) per share by the grocer on Friday, December 21st. This represents a dividend yield of 0.97%. The ex-dividend date of this dividend is Thursday, November 15th. The official announcement can be viewed at this link.
Shares of LON SBRY opened at GBX 322 ($4.21) on Friday. J Sainsbury has a twelve month low of GBX 222.40 ($2.91) and a twelve month high of GBX 339.89 ($4.44).
Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 260 ($3.40) price objective on shares of J Sainsbury in a research report on Friday. Kepler Capital Markets reaffirmed a “buy” rating on shares of J Sainsbury in a research report on Thursday. UBS Group reaffirmed a “buy” rating on shares of J Sainsbury in a research report on Friday, September 28th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 369 ($4.82) price objective (up from GBX 300 ($3.92)) on shares of J Sainsbury in a research report on Monday, September 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of J Sainsbury in a research report on Thursday, September 6th. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 302.79 ($3.96).
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J Sainsbury Company Profile
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail Food; Retail General Merchandise and Clothing; Financial Services; and Property Investment.
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