J. Sainsbury PLC (OTCMKTS:JSAIY) Given Average Rating of “Hold” by Brokerages

Shares of J. Sainsbury PLC (OTCMKTS:JSAIYGet Free Report) have been assigned a consensus rating of “Hold” from the six ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on the company.

Several analysts recently issued reports on JSAIY shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of J. Sainsbury in a research note on Monday, April 13th. Zacks Research raised shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. The Goldman Sachs Group cut shares of J. Sainsbury from a “strong-buy” rating to a “sell” rating in a research report on Monday, April 27th. Finally, Citigroup cut shares of J. Sainsbury from a “buy” rating to a “neutral” rating in a research report on Tuesday, April 28th.

Check Out Our Latest Research Report on JSAIY

J. Sainsbury Stock Performance

Shares of J. Sainsbury stock traded up $0.32 during trading hours on Friday, hitting $18.63. The company’s stock had a trading volume of 16,276 shares, compared to its average volume of 58,649. 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 has a 50 day moving average price of $16.89 and a two-hundred day moving average price of $17.89. J. Sainsbury has a 12-month low of $15.35 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.

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Analyst Recommendations for J. Sainsbury (OTCMKTS:JSAIY)

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