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

Shares of J. Sainsbury PLC (OTCMKTS:JSAIY) have received a consensus recommendation of “Hold” from the five analysts that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms have recently issued reports on JSAIY. Zacks Research lowered J. Sainsbury from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 16th. Kepler Capital Markets cut J. Sainsbury from a “hold” rating to a “strong sell” rating in a report on Friday, November 7th.

J. Sainsbury Trading Down 1.3%

JSAIY stock opened at $18.24 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The firm has a 50-day moving average of $18.07 and a two-hundred day moving average of $16.61. J. Sainsbury has a 12 month low of $11.68 and a 12 month high of $19.17.

About J. Sainsbury

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.