J Sainsbury (SBRY.L) 10-02-20
Will J Sainsbury (SBRY.L) break below the 201p support, or bounce to highs at 235p (+16%)?
- Currently trading around the 201p support at 201.4p (at time of writing).
- Will the shares rally to recent highs of 235p? (+16%).
- Shares -31% from 12-month highs; +13% from 12 month lows.
Latest News
22 Jan: Sainsbury’s, the supermarket, announced that Simon Roberts, currently the company’s retail and operations director, would become its new CEO.
17 Jan: Kepler Cheuvreux has upgraded its rating on Sainsbury (J) (SBRY) to buy (from hold) and increased the target price to 263.60p (from 217p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires