In a report released today, Borja Olcese from J.P. Morgan reiterated a Buy rating on J Sainsbury plc (SBRY – Research Report), with a price target of p305.00. The company’s shares opened today ...

British supermarket group Sainsbury's said on Thursday it was proposing to reduce its headcount by over 3,000 roles as it seeks savings to counter a "particularly challenging cost environment".