Kepler Capital Markets Downgrades J Sainsbury (OTCMKTS:JSAIY) to Hold

J Sainsbury (OTCMKTS:JSAIY - Get Free Report) was downgraded by equities research analysts at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a report released on Wednesday, April 23rd,Zacks.com reports.

Other equities analysts have also issued research reports about the company. Hsbc Global Res upgraded J Sainsbury from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 21st. BNP Paribas lowered J Sainsbury from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 1st. Two analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy".

J Sainsbury Trading Up 1.6 %

Shares of OTCMKTS JSAIY traded up $0.23 during trading on Wednesday, reaching $14.33. 37,325 shares of the company traded hands, compared to its average volume of 47,247. The firm's fifty day simple moving average is $12.92 and its 200 day simple moving average is $13.30. J Sainsbury has a 12-month low of $11.68 and a 12-month high of $16.43. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.57 and a current ratio of 0.74.

J Sainsbury Company Profile

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.