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JSNSF - J Sainsbury: Attractive Value Takeover Potential
December, 20 2021 05:02 PM
J Sanisbury Plc Ord
Sainsbury's has navigated the pandemic well to date, executing better than major peers. Argos is a structural advantage versus the peer group, and Sainsbury's has further cost optimization benefits to come. The recent takeover of Morrisons highlights the value appeal of UK supermarkets. Having pulled back from a high of £3.42, the stock represents good value with the potential for large gains if a takeover bid emerges. For further details see:
J Sainsbury: Attractive Value, Takeover Potential
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