Share Name Share Symbol Market Type Share ISIN Share Description
Sainsbury (j) Plc LSE:SBRY London Ordinary Share GB00B019KW72 ORD 28 4/7P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.40 -0.14% 295.50 5,642,610 16:35:25
Bid Price Offer Price High Price Low Price Open Price
296.10 296.30 296.50 293.50 295.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 29,048.00 -261.00 -13.00 6,635
Last Trade Time Trade Type Trade Size Trade Price Currency
18:45:01 O 2,427 295.569 GBX

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Sainsbury (j) Daily Update: Sainsbury (j) Plc is listed in the Food & Drug Retailers sector of the London Stock Exchange with ticker SBRY. The last closing price for Sainsbury (j) was 295.90p.
Sainsbury (j) Plc has a 4 week average price of 280p and a 12 week average price of 271.20p.
The 1 year high share price is 342p while the 1 year low share price is currently 186.65p.
There are currently 2,245,205,772 shares in issue and the average daily traded volume is 9,417,051 shares. The market capitalisation of Sainsbury (j) Plc is £6,634,583,056.26.
loganair: Hedge fund short sellers rocked by Sainsbury’s share price surge amid Apollo takeover talk: Hedge funds betting against Sainsbury’s have been left counting the cost of their negative wagers this week after the FTSE 100-listed supermarket giant saw its share price rocket on the back of fresh takeover rumours. BlackRock Investment Management, Marshall Wace, and the Pelham Long/Short Master Fund are among the high-profile hedge funds positioned short against the UK supermarket giant, according to regulatory disclosures made to the UK Financial Conduct Authority. The UK’s second-largest grocery chain initially saw its share price rocket by some 15 per cent on Monday following weekend media reports that US private equity firm Apollo Global Management was preparing a potential GBP7 billion (USD9.6 billion) swoop for the retailer. Though Sainsbury’s value has since pegged back slightly, it remains up more than 10 per cent this week. Wednesday’s 321p is approaching a near-three year high for the retailer, which only last month was found to be the second most-shorted company among London-listed stocks, according to GraniteShares data. FCA disclosures show BlackRock has a 2.02 per cent net short position, Pelham is sized at 1.28 per cent net short, while Marshall Wace is 0.65 per cent. In the past, well-known brand name hedge funds including Citadel, AHL, and GLG Partners held bearish bets against the company. Earlier this summer, short sellers took a hit after the company surged on the back of surprisingly strong Q1 sales numbers, which prompted it to revise its profit outlook upwards. New York-based Apollo – which is also understood to be eyeing a consortium bid for rival retailer Morrison’s alongside Fortress Investment Group – is one of several PE giants said to be weighing up a bid for Sainsbury’s. Along with Tesco and Asda, Sainsbury’s and Morrisons comprise the UK’s ‘Big Four’ supermarkets that dominate the grocery sector. Sainsbury’s is seen as a particularly attractive target due to its extensive property portfolio in the southeast of England.
danvandan: Agreed arja. The spike on Monday was caused by the hedge funds reducing shorts by 1.2% because they shat themselves over the weekend press hype about Apollo. A short squeeze, pure and simple, as I said at the time. Now that they've had time to reflect, they're holding firm. The market still doesn't like sbry. The apollo suggested price of £7bn is already reflected in the current share price and the fizz has subsided. The morrisons bid is now in doubt due to the pensions obligations. If it fails, there will be a big pull-back here. Today, I think sbry will drop 3-4% depending a little on the wider market, maybe as far as 305p.
dipa11: When shorting was increase to 9 % and share price was increased plus steady.That was indication something is going to be happen. Now today increase in the share price clear that picture (Takeover)Good luck to all long time holder
loganair: Is the Sainsbury’s share price (SBRY) about to explode? The J Sainsbury (LSE: SBRY) share price has performed brilliantly over the last year, rising 57% by last Friday’s close. It’s up another 11% this morning. Could it be about to explode? Sainsbury’s share price: ready to rocket? According to headlines over the weekend, private equity group Apollo is taking a closer look at Sainsbury. While this has been referred to as merely “exploratory”, it does suggest that we could be about to see an offer submitted for the FTSE 100 member. This shouldn’t really come as a surprise given the bidding war that has erupted for fellow listed supermarket Morrisons. Last week, it was revealed that management would be recommending holders accept a 285p per share bid for the company from Clayton, Dubilier & Rice (CD&R). This valued MRW at £7bn, up from the £6.7bn offer received from rival Fortress. Sainsbury’s attractions aren’t hard to fathom either. For one, the shares still look reasonably valued and, before this morning, changed hands for a little less than 14 times earnings. It’s also got a big property portfolio and currently has the second-largest share of the UK grocery market. Based on recent news, I think there’s certainly a chance the share price could continue rising — and potentially explode — over the next few weeks. The fact that it’s already up 6% in early trading today is certainly evidence that the market is getting excited over the company’s near-term outlook.
dipa11: Today turnover approximately 10m plus As shorting are reduced slowly and steady Share price are moving upwards Very cleverly increased shorting to 9% to control share price Otherwise it might touch to 3.50 plus!
spob: " It’s not managements job to influence the share price " Sainsbury's is a Public Limited Company The Sainsbury family sold their business to the stock market 50 years ago The share price over the long term correlates directly with the decisions made in one small room in Holborn. The Sainsbury share price shows that nothing good has come out of that small room for decades.
loganair: Sainsbury's share price forecast 2021: will the company adapt to the industry’s new reality? by Nicole Willing. Shares in UK supermarket chain Sainsbury’s have dropped by 15 per cent this year, despite grocery sales rising at their fastest rate in more than two decades during lockdowns to tackle the Covid-19 pandemic. What is driving the company’s stock lower? And what is the SBRY share price forecast 2021 and beyond? The highly competitive grocery market in the UK makes for volatile stocks. Investors closely following Sainsbury’s share price news would have seen that the stocks of three of the four largest retailers – Tesco, Sainsbury’s and Morrisons – have all fallen by 15 per cent year to date, while the share price for online supermarket Ocado has doubled since the start of the year. Sainsbury’s cedes market share, faces increased costs: When deciding what to do with Sainsbury shares – buy or sell, investors should consider its position in the market. Sainsbury’s was founded in 1869 and listed on the London Stock Exchange in 1973 – at that time, the largest-ever initial public offering on the exchange. Sainsbury's share price has been in decline since 2018, as the largest supermarket chains have lost market share to discount retailers. The stock fell by around 10 per cent in 2019 and reached its lowest level in 30 years. Sainsbury’s market share has dropped to 14.9 per cent from 16 per cent in 2019, data from Kantar shows, while competitors like Aldi, Lidl, and Co-op have gained ground. Sainsbury’s share price forecast 2021: can the stock turn around? Sainsbury’s share price is likely to continue to trade lower, at least in the near term. In fact, SBRY is one of the most shorted stocks on the London Stock Exchange. Shore Capital last month reiterated its recommendation to buy the stock with a Sainsbury share price forecast of £1.87, and the stock has since risen above that level. Analysts at Barclays also recommended the stock as a buy ahead of its interim results on November 5, citing its strong underlying free cash flow, anticipated higher sales and strategic update. Their price target of £2.50 per share indicates a potential upside of around 25 per cent. Technical forecasting service WalletInvestor indicates the share price will continue to decline, falling to £1.89 in December. Its Sainsbury's share price forecast 2021 shows the price dropping further to £1.58 by the end of the year and slipping to £0.98 by December 2023 and £0.44 by October 2025.
loganair: Tempted by the Sainsbury’s share price? Let’s examine the facts: Sainsbury’s share price – recovering or ailing? Market sentiment has been against Sainsbury’s for some time now. Its share of the UK grocery market has declined from around 17% at peak to 14.9% currently, whilst the expensive failed merger with Asda dented confidence in the group management. Although the pandemic has led a surge in grocery demand, this has been through the less profitable channel of online sales. Analysts also expect around £500m of pandemic related costs, forcing a delay in store investment. It is also interesting to note that Sainsbury’s depends heavily on non-food sales, driven mainly by its acquisition of Argos. This element of choice purchases by consumers leaves it more vulnerable to the economic downturn that we now find ourselves in. The final dose of bad news for investors comes in the form of the ailing bank. After requiring significant capital injections over the last two years, the expectation is that a further £350m could be needed to cover bad debts and write-downs until 2023. The period of historically low interest rates also makes generating profit from banking difficult. summary: Given these significant headwinds, I can’t see any basis for investment, so I’m avoiding the Sainsbury’s share price for now. Indeed, it has declined further since the April examination. However, if you do like the look of the supermarket sector in general, I see reasons to be optimistic in Morrisons latest trading statement. The share price is nearly identical to Sainsbury’s, but Morrisons is yielding a superior dividend, and has lifted its interim payout by 5.7%. Although half year profits fell significantly, the rise in like-for-like sales excluding fuel sat nicely at 8.7%, leaving it well placed to focus on improving profitability. Similar to Sainsbury’s, a portion of this growth was through the online channel, but crucially Morrisons is starting from a smaller online and delivery presence than its rivals, and as such has more room to grow. The strengthening of its relationship with Amazon also gives more room for expansion in this area. In announcing expectations of improved free cash flow, reduction in net debt and underlying pre-tax profit, I see a momentum in Morrisons that Sainsbury’s lacks, and as such the former’s shares are worth a very close look from potential investors in my opinion.
loganair: Sainsbury’s share price continues to trade towards multi-year lows, due to the bearish fundamentals surrounding the UK supermarket chain. Sainsbury share price analysis shows that more downside towards the 105p level remains possible while the price trades under the 225p resistance area. Sainsbury’s medium-term price trend: Sainsbury’s share price is trading close to the weakest levels of the year so far, as investors continue to shun the stock and traders sell any upside rallies. Since the start of 2020 Sainsbury’s share price has lost more than 15 per cent and it is trading basically flat on a year-to-date basis. SBRY share price technical analysis shows that a bearish head-and-shoulders pattern is warning of further losses towards the 105p level. The daily time frame shows that a bearish head-and-shoulders pattern has been activated, with around 120p downside projection. Failure to move the price above the neckline of the pattern, around the 235p level, could see the stock falling towards the pattern’s bearish target, around the 105p level, over the medium-term. Sainsbury’s short-term price trend: SBRY share price technical analysis shows that Sainsbury’s stock has a short-term bearish bias while the price trades below the 210p resistance level. According to the size of the bearish pattern the stock could fall towards the 163p level if the pattern reaches its full downside potential. Traders should note that the bearish pattern has been activated now that the price trades below the 200p level. Bulls somehow need to move the price above the 237p resistance level to invalidate the pattern. Sainsbury’s technical summary: SBRY analysis highlights that the share price of the British supermarket giant could fall towards the 163p level, and possibly even the 105p support level.
bend1pa: Loginair - 'Both stocks have outperformed the FTSE 100 (in the past 3 months)'. Sorry, but that's just blatantly untrue. Any follower of SBRY shares would know that anyway. But I checked, and you can see clearly below how badly SBRY share price has performed against the FTSE 100 before and during the pandemic. Any analyst making such spurious claims isn't fit for purpose. https://imgur.com/a/dYsvy73
Sainsbury (j) share price data is direct from the London Stock Exchange
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