Shares of J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $18.76, but opened at $17.88. J. Sainsbury shares last traded at $17.88, with a volume of 137 shares.
Analysts Set New Price Targets
Several research firms have recently commented on JSAIY. Citigroup upgraded shares of J. Sainsbury to a "strong-buy" rating in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft raised J. Sainsbury to a "buy" rating in a research report on Wednesday, December 10th. Jefferies Financial Group restated a "hold" rating on shares of J. Sainsbury in a research note on Sunday, December 14th. Zacks Research raised J. Sainsbury from a "strong sell" rating to a "hold" rating in a research note on Friday, March 13th. Finally, Kepler Capital Markets upgraded J. Sainsbury from a "strong sell" rating to a "hold" rating in a report on Thursday, December 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, J. Sainsbury presently has a consensus rating of "Moderate Buy".
Read Our Latest Analysis on JSAIY
J. Sainsbury Stock Up 1.1%
The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.31 and a current ratio of 0.62. The company's fifty day moving average is $18.48 and its 200-day moving average is $18.06.
J. Sainsbury Company Profile
(
Get Free Report)
J. Sainsbury PLC, trading in the United States under the ticker OTCMKTS:JSAIY, is one of the United Kingdom's leading grocery retailers. Through its primary Sainsbury's supermarket banner and smaller convenience formats under the Sainsbury's Local name, the company offers a wide range of food and household products. In addition to its core retail operations, Sainsbury's extends into general merchandise and clothing under the TU brand, serving both in-store and through its established e-commerce platform.
Founded in 1869 by John James Sainsbury and his wife Mary Ann, Sainsbury's has grown from a single dairy shop in London's Drury Lane to a nationwide retail network.
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