J. Sainsbury (OTCMKTS:JSAIY) Stock Rating Upgraded by Zacks Research

J. Sainsbury (OTCMKTS:JSAIY – Get Free Report) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Other equities analysts have also issued reports about the company. The Goldman Sachs Group lowered J. Sainsbury from a “strong-buy” rating to a “sell” rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of J. Sainsbury in a report on Monday, April 13th. Finally, Citigroup cut shares of J. Sainsbury from a “buy” rating to a “neutral” rating in a research note on Tuesday, April 28th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Get J. Sainsbury alerts:

View Our Latest Stock Analysis on J. Sainsbury

J. Sainsbury Price Performance

Shares of J. Sainsbury stock opened at $17.09 on Monday. The business has a fifty day simple moving average of $16.95 and a 200 day simple moving average of $17.86. The company has a quick ratio of 0.24, a current ratio of 0.56 and a debt-to-equity ratio of 0.16. J. Sainsbury has a 12 month low of $15.24 and a 12 month high of $19.90.

About J. Sainsbury

(Get Free Report)

J. Sainsbury PLC, trading in the United States under the ticker OTCMKTS:JSAIY, is one of the United Kingdom’s leading grocery retailers. Through its primary Sainsbury’s supermarket banner and smaller convenience formats under the Sainsbury’s Local name, the company offers a wide range of food and household products. In addition to its core retail operations, Sainsbury’s extends into general merchandise and clothing under the TU brand, serving both in-store and through its established e-commerce platform.

Founded in 1869 by John James Sainsbury and his wife Mary Ann, Sainsbury’s has grown from a single dairy shop in London’s Drury Lane to a nationwide retail network.

See Also

• Five stocks we like better than J. Sainsbury
• Short Squeeze Alert—Moderna Stock Surges on New Strategy
• NextEra’s Dominion Deal Could Put It at the Center of the AI Power Race
• Amazon Could Be About to Reap the Rewards of a Software Spending Boom
• Best Buy’s Turnaround Is Gaining Traction, But Wall Street Still Needs Proof

Receive News & Ratings for J. Sainsbury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J. Sainsbury and related companies with MarketBeat.com's FREE daily email newsletter.