J Sainsbury’s (SBRY) House Stock Rating Reiterated at Shore Capital

Shore Capital reissued their house stock rating on shares of J Sainsbury (LON:SBRY) in a report published on Monday morning,Digital Look reports.

Separately, JPMorgan Chase & Co. reduced their price target on J Sainsbury from GBX 310 ($4.00) to GBX 305 ($3.93) and set an “overweight” rating for the company in a report on Monday, January 13th.

J Sainsbury Price Performance

Shares of LON:SBRY opened at GBX 249.40 ($3.21) on Monday. J Sainsbury has a 1-year low of GBX 237.60 ($3.06) and a 1-year high of GBX 301.40 ($3.89). The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. The business has a fifty day moving average price of GBX 260.95 and a 200-day moving average price of GBX 270.77. The company has a market capitalization of £5.75 billion, a PE ratio of 42.06, a PEG ratio of 0.42 and a beta of 0.67.

About J Sainsbury

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.