DescriptionFor the equity of J Sainsbury plc (ticker: SBRY), prepare a valuation report. This should address the following:1) Industry analysis (1000 words). This was covered in Equity LM8.a. Three valuation methodologies were looked at present value models (DDMs etc),multiplier models (EV/EBITDA etc) and asset-based models (adjusted book values).Choose one of these and justify your choice.b. Use your chosen method, and your answers to 1) and 2), to produce a target price forSBRY shares and a recommendation.c. Identify some of the main risks associated with your target.