Sainsbury (J) PLC
SBRY: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &sv | LOCK|N% | LOCK|C!nLXTc |
Sainsbury's: Grocer on Track to Meet Full-Year Targets
We maintain our GBX 315 fair value estimate for no-moat J Sainsbury after the firm reported its trading statement for the 16 weeks to Jan. 4 that was broadly in line with our estimates. Management maintained its full-year fiscal 2025 guidance for retail underlying operating profit and retail free cash flow, while raising its financial services underlying operating profit target to around GBP 30 million from GBP 15 million-GBP 25 million. We think these targets are attainable.
