According to Zacks, “J Sainsbury plc is a leading UK food retailer with interests in financial services. It consists of Sainsbury’s Supermarkets, Sainsbury’s Local, Bells Stores, Jacksons Stores and JB Beaumont, Sainsbury’s Online and Sainsbury’s Bank. It employs 148,000 people. “
A number of other equities research analysts have also recently weighed in on JSAIY. Deutsche Bank AG restated a buy rating on shares of J Sainsbury plc in a report on Tuesday, May 31st. Societe Generale restated a hold rating on shares of J Sainsbury plc in a report on Tuesday, June 28th. Beaufort Securities restated a hold rating on shares of J Sainsbury plc in a report on Thursday, June 9th. Finally, Citigroup Inc. restated a neutral rating on shares of J Sainsbury plc in a report on Wednesday, August 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of Hold.
Shares of J Sainsbury plc (NASDAQ:JSAIY) opened at 12.89 on Wednesday. The company has a market cap of $6.18 billion and a PE ratio of 11.04. J Sainsbury plc has a 12-month low of $11.08 and a 12-month high of $17.17. The company has a 50 day moving average of $12.88 and a 200-day moving average of $13.96.
J Sainsbury plc Company Profile
J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).
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