views

ANALYST VIEWS: WHAT DO YOU THINK OF SAINSBURY’S PERFORMANCE?

FREDDIE GEORGE | SEYMOUR PIERCE
"We maintain our ‘sell’ recommendation on the stock. We are concerned that we will see a return to the worries of 1990 that the food retail market is approaching saturation as we approach a more austere time for consumers. Also the sector is being more competitive."

SAM HART | CHARLES STANLEY
"These are pretty strong figures and are slightly ahead of our expectations. There is obviously scope in non foods and the company has been opening new outlets and seems to have plenty of potential still. We see a positive future ahead."

RICHARD HUNTER | HARGREAVES LANSDOWN
"The profit numbers year-on-year are impressive and market share has increased, partially due to a larger convenience store presence, a strong TV advertising campaign and a continual focus on value products for cost conscious consumers."