JPMorgan double upgraded J Sainsbury (JSAIY) to Overweight from Underweight with a price target of 310 GBp, up from 304 GBp. The firm believes the European food retail sector will move into “stock-picker territory” in 2025 and updated recommendations based on its recent analysis. The analyst sees upside risk to the company’s fiscal 2025 and 2026 outlook and consensus estimates.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JSAIY:
- J Sainsbury initiated with an Outperform at RBC Capital
- J Sainsbury (JSAIY) Reveals Q4 Dividend: Here’s the Essential Information
- J Sainsbury price target lowered to 280 GBp from 310 GBp at Citi
- J Sainsbury Reports Strong Grocery Growth Amidst Argos Challenges
- J Sainsbury initiated with an Outperform at Exane BNP Paribas
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue