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RBC Capital Remains a Buy on J Sainsbury plc (SBRY)

RBC Capital Remains a Buy on J Sainsbury plc (SBRY)

RBC Capital analyst Manjari Dhar maintained a Buy rating on J Sainsbury plc (SBRY – Research Report) on April 22 and set a price target of p280.00. The company's shares closed yesterday at p258.40.
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According to TipRanks, Dhar is ranked #7480 out of 9371 analysts.
In addition to RBC Capital, J Sainsbury plc also received a Buy from Goldman Sachs's Richard Edwards in a report issued yesterday. However, on the same day, Kepler Capital downgraded J Sainsbury plc (LSE: SBRY) to a Hold.
SBRY market cap is currently £6.08B and has a P/E ratio of 17.59.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SBRY in relation to earlier this year.

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