J. Sainsbury PLC (JSAIY) – What Are Investment Firms Saying About This Stock?

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

Several research analysts have recently issued reports on JSAIY shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of J. Sainsbury in a research report on Tuesday, August 4th. Zacks Research upgraded shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a report on Monday, June 29th. The Goldman Sachs Group raised shares of J. Sainsbury from a “sell” rating to a “hold” rating in a research report on Monday, August 3rd. Finally, Citigroup restated a “neutral” rating on shares of J. Sainsbury in a report on Monday, September 28th.

J. Sainsbury Stock Down 0.9%

J. Sainsbury stock opened at $18.76 on Tuesday. The stock has a 50-day simple moving average of $18.10 and a 200 day simple moving average of $17.92. 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 $15.87 and a 12-month high of $19.90.

J. Sainsbury Company Profile

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, beverages, household goods and other everyday consumer products, including a range of private-label merchandise alongside branded products.

The company also operates Argos, a general merchandise retailer offering products such as consumer electronics, home goods, toys and other non-food items through stores, collection points and online channels.