Shares of J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as $16.56 and last traded at $16.52, with a volume of 4126 shares changing hands. The stock had previously closed at $16.33.
Analysts Set New Price Targets
Several brokerages have commented on JSAIY. Kepler Capital Markets lowered shares of J. Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 23rd. BNP Paribas lowered shares of J. Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 1st. Finally, Jefferies Financial Group lowered shares of J. Sainsbury from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy".
View Our Latest Stock Report on J. Sainsbury
J. Sainsbury Price Performance
The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.57 and a current ratio of 0.74. The stock has a 50-day simple moving average of $15.67 and a 200 day simple moving average of $14.00.
J. Sainsbury Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, July 21st. Shareholders of record on Monday, June 9th were paid a $0.4798 dividend. The ex-dividend date of this dividend was Friday, June 6th. This represents a yield of 4.13%. This is a positive change from J. Sainsbury's previous dividend of $0.20.
About J. Sainsbury
(
Get Free Report)
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.
Further Reading
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