28-Apr-2021 07:09 AM
Supermarket group Sainsbury's swung to a full-year loss after rising grocery and general merchandise sales were offset by lower fuel sales and costs associated with adapting to the pandemic.
Pre-tax losses for the year through March amounted to &pou
12-Mar-2021 09:20 AM
Supermarket J Sainsbury has appointed former Reckitt Benckiser CFO Adrian Hennah as non-executive director. Adrian will join both the audit and nomination committees on 1 April 2021 and will take over as chair of the audit committee following the AGM.
He
03-Dec-2020 12:05 PM
The FTSE 100 was flat by midday at 6,469.58 after an up and down morning which mirrored volatility in sterling amid competing assessments over the chances of a Brexit deal.
The relative strength or weakness of the pound against other major currencies imp
03-Dec-2020 07:30 AM
Supermarket chains Sainsbury's and Morrisons have announced that they will pay business rates in full, waiving their right to relief.
The government had decided not to collect rates this year, to provide businesses with more cash to aid them through
05-Nov-2020 08:27 AM
Supermarket chain Sainsbury's resumed its interim dividend and declared a special dividend in lieu of a final dividend, after forecasting annual pre-tax profit to be at least 5% higher than last year, reflecting stronger than expected sales, particul
02-Jul-2020 11:20 AM
Jefferies International today reaffirms its buy investment rating on Sainsbury (J) PLC (LON:SBRY) and raised its price target to 240p (from 220p).
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01-Jul-2020 09:40 AM
Shore Capital today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to buy (from hold).
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01-Jul-2020 07:11 AM
Supermarket group J Sainsbury said its sales in the first quarter, excluding fuel, jumped 8.5% as households stocked up during Covid-19 lockdowns.
The company, however, said it still expected its annual profits to be flat, owing to increased costs associ
26-May-2020 12:50 PM
Credit Suisse today reaffirms its outperform investment rating on Sainsbury (J) PLC (LON:SBRY) and cut its price target to 280p (from 285p).
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21-May-2020 09:50 AM
Morgan Stanley today reaffirms its equal weight investment rating on Sainsbury (J) PLC (LON:SBRY) and cut its price target to 205p (from 214p).
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19-May-2020 10:30 AM
JP Morgan Cazenove today reaffirms its underweight investment rating on Sainsbury (J) PLC (LON:SBRY) and cut its price target to 180p (from 190p).
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13-May-2020 11:00 AM
UBS today reaffirms its buy investment rating on Sainsbury (J) PLC (LON:SBRY) and raised its price target to 250p (from 240p).
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04-May-2020 12:00 PM
Berenberg today reaffirms its sell investment rating on Sainsbury (J) PLC (LON:SBRY) and raised its price target to 175p (from 170p).
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30-Apr-2020 08:40 AM
Supermarket group J Sainsbury has warned of a £500m hit to profits due to the cost of protecting customers and colleagues during the Covid-19 pandemic, although it expects this to be offset by stronger grocery sales and £450m business rates re
28-Apr-2020 03:10 PM
Berenberg today downgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to sell (from buy) and cut its price target to 170p (from 250p).
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30-Mar-2020 02:30 PM
Credit Suisse today reaffirms its outperform investment rating on Sainsbury (J) PLC (LON:SBRY) and raised its price target to 285p (from 280p).
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24-Mar-2020 12:20 PM
HSBC today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to hold (from reduce).
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18-Mar-2020 09:40 AM
Shore Capital today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to buy (from hold).
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16-Mar-2020 11:20 AM
Jefferies International today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to buy (from hold).
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02-Mar-2020 12:20 PM
Bernstein today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to outperform (from market perform).
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28-Feb-2020 10:30 AM
Credit Suisse today initiates coverage of Sainsbury (J) PLC (LON:SBRY) with a outperform investment rating and price target of 280p.
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26-Feb-2020 10:20 AM
Berenberg today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to buy (from hold) and raised its price target to 250p (from 235p).
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17-Jan-2020 02:50 PM
Kepler Cheuvreux today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to buy (from hold) and raised its price target to 263.60p (from 217p).
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08-Jan-2020 07:34 AM
Supermarket J Sainsbury has reported a 0.7% decline in like-for-like sales during the Christmas trading period, while total retail sales were down 0.7% in the 15 weeks to 4 January 2020.
While the retailer saw grocery sales grow 0.4%, online grocery sale
17-Dec-2019 01:50 PM
Exane BNP Paribas today upgrades its investment rating on Sainsbury (J) PLC (LON:SBRY) to outperform (from neutral).
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