Sainsbury’s shares jump 3% on Goldman upgrade

Shares in J Sainsbury (LSE: SBRY) rallied 3% on Friday after Goldman Sachs upgraded the supermarket chain to ‘buy’ from ‘neutral’. The US investment bank also lifted its target price to 350p from 305p previously. … Read more

Why did Sainsbury’s shares drop 3.8% today?

Sainsbury’s (LSE: SBRY), Britain’s second-largest supermarket chain, saw a decline in its shares today. The reason behind this drop in share prices is that the company went ex-dividend, resulting in a decrease of 3.8%. This … Read more