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J Sainsbury’s Executive Acquires Shares Under Incentive Plan

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J Sainsbury’s Executive Acquires Shares Under Incentive Plan

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J Sainsbury plc ( (GB:SBRY) ) has shared an announcement.

J Sainsbury plc announced a transaction involving Mark Given, the Chief Technology, Marketing and Data Officer, who acquired 43 ordinary shares through the company’s Share Incentive Plan. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing efforts to align managerial interests with shareholder value, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (GB:SBRY) stock is a Buy with a £3.50 price target. To see the full list of analyst forecasts on J Sainsbury plc stock, see the GB:SBRY Stock Forecast page.

Spark’s Take on GB:SBRY Stock

According to Spark, TipRanks’ AI Analyst, GB:SBRY is a Outperform.

J Sainsbury plc’s strong earnings call, highlighting market share gains and strategic investments, significantly boosts its stock score. Positive technical indicators and a robust dividend yield further support the score, despite moderate valuation and areas for improvement in profitability.

To see Spark’s full report on GB:SBRY stock, click here.

More about J Sainsbury plc

J Sainsbury plc is a prominent player in the retail industry, primarily focusing on the sale of groceries, general merchandise, and clothing. The company operates a network of supermarkets and convenience stores across the UK, catering to a wide range of consumer needs.

Average Trading Volume: 6,315,494

Technical Sentiment Signal: Buy

Current Market Cap: £7.33B

Learn more about SBRY stock on TipRanks’ Stock Analysis page.

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