Shares of J Sainsbury plc (OTCMKTS:JSAIY) have earned a consensus rating of “Hold” from the twelve research firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $17.37.
JSAIY has been the subject of a number of recent research reports. Sanford C. Bernstein initiated coverage on J Sainsbury in a research note on Wednesday, July 7th. They set an “underperform” rating for the company. Barclays reiterated an “overweight” rating on shares of J Sainsbury in a research note on Wednesday, July 7th. Morgan Stanley restated an “equal weight” rating on shares of J Sainsbury in a research note on Thursday, July 8th. Bank of America lowered J Sainsbury from a “neutral” rating to an “underperform” rating in a research note on Wednesday, August 25th. Finally, Jefferies Financial Group lowered J Sainsbury from a “buy” rating to a “hold” rating in a research note on Monday, June 7th.
Shares of OTCMKTS JSAIY traded down $0.07 during trading on Tuesday, reaching $16.03. 9,666 shares of the company traded hands, compared to its average volume of 30,232. The firm’s fifty day simple moving average is $16.24 and its 200 day simple moving average is $14.85. The stock has a market cap of $9.35 billion, a P/E ratio of 26.83, a PEG ratio of 0.93 and a beta of 0.47. J Sainsbury has a 12-month low of $9.53 and a 12-month high of $18.68. The company has a current ratio of 0.60, a quick ratio of 0.46 and a debt-to-equity ratio of 0.11.
J Sainsbury Plc engages in the retailing, financial services, and property investment businesses. It operates through the following segments: Retail-Food, Retail-General Merchandising and Clothing, Financial Services and Property Investments. The Retail segment distributes food, general merchandise, and clothing.
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