J. Sainsbury PLC (OTCMKTS:JSAIY) Stock Now Rated “Hold” by Sell-Side Brokerages

J. Sainsbury PLC (OTCMKTS:JSAIY – Get Free Report) has earned an average rating of “Hold” from the six brokerages that are currently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

Several research firms have recently commented on JSAIY. Zacks Research raised shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Citigroup reissued a “neutral” rating on shares of J. Sainsbury in a report on Friday, August 7th. The Goldman Sachs Group upgraded shares of J. Sainsbury from a “sell” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of J. Sainsbury in a report on Tuesday, August 4th.

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J. Sainsbury Stock Performance

JSAIY stock opened at $17.84 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.56 and a quick ratio of 0.24. The business’s 50-day moving average is $18.48 and its two-hundred day moving average is $17.97. J. Sainsbury has a fifty-two week low of $15.87 and a fifty-two week high of $19.90.

About J. Sainsbury

(Get Free Report)

J Sainsbury plc is a United Kingdom-based retail company that operates supermarkets, convenience stores and online grocery services under the Sainsbury’s brand. Its stores sell food, groceries, household products, clothing and other general merchandise, while the company also provides home delivery and collection services through its digital channels.

The company’s retail operations also include Argos, a general merchandise retailer offering products such as consumer electronics, home goods, toys and appliances through stores, digital channels and collection points.

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