J Sainsbury (LON:SBRY - Get Free Report)'s stock had its "house stock" rating restated by investment analysts at Shore Capital in a report issued on Tuesday, MarketBeat reports.
Separately, JPMorgan Chase & Co. reduced their price objective on shares of J Sainsbury from GBX 310 ($4.01) to GBX 305 ($3.95) and set an "overweight" rating for the company in a research note on Monday, January 13th.
Check Out Our Latest Stock Report on J Sainsbury
J Sainsbury Stock Down 7.8 %
SBRY stock traded down GBX 19.80 ($0.26) during trading hours on Tuesday, reaching GBX 235 ($3.04). 21,623,480 shares of the stock were exchanged, compared to its average volume of 21,102,984. The firm's 50-day moving average is GBX 258.40 and its 200-day moving average is GBX 270.07. The company has a market cap of £5.42 billion, a price-to-earnings ratio of 39.64, a PEG ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. J Sainsbury has a 12 month low of GBX 233.91 ($3.03) and a 12 month high of GBX 301.40 ($3.90).
About J Sainsbury
(
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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.
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