J. Sainsbury PLC (OTCMKTS:JSAIY) Receives Consensus Rating of “Hold” from Analysts

J. Sainsbury PLC (OTCMKTS:JSAIY) has earned a consensus recommendation of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of equities analysts have issued reports on JSAIY shares. The Goldman Sachs Group raised J. Sainsbury from a “sell” rating to a “hold” rating in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of J. Sainsbury in a research report on Tuesday, August 4th. Citigroup restated a “neutral” rating on shares of J. Sainsbury in a research note on Monday. Finally, Zacks Research raised shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th.

J. Sainsbury Stock Performance

Shares of JSAIY opened at $17.52 on Friday. J. Sainsbury has a one year low of $15.87 and a one year high of $19.90. The stock has a 50-day moving average price of $18.39 and a 200 day moving average price of $17.96. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.56 and a quick ratio of 0.24.

J. Sainsbury Company Profile

J Sainsbury plc is a United Kingdom-based retail company operating under the Sainsbury’s brand. Its core business is the sale of groceries through supermarkets and convenience stores, offering fresh food, packaged food, household goods, beverages, and other everyday essentials through physical stores and online channels.

The company also operates Argos, a general merchandise retailer offering products such as consumer electronics, toys, home furnishings, appliances, and other goods through stores, collection points, and delivery services.