J. Sainsbury PLC (OTCMKTS:JSAIY) Receives Consensus Recommendation of "Buy" from Brokerages

J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) has been given a consensus rating of "Buy" by the six analysts that are covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have given a strong buy rating to the company.

JSAIY has been the subject of a number of research reports. Jefferies Financial Group lowered J. Sainsbury from a "buy" rating to a "hold" rating in a report on Thursday, May 22nd. Hsbc Global Res upgraded J. Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Friday, March 21st. Kepler Capital Markets lowered J. Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 23rd. Finally, BNP Paribas lowered J. Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 1st.

J. Sainsbury Trading Down 1.7%

Shares of OTCMKTS:JSAIY traded down $0.27 during trading hours on Thursday, hitting $15.51. 10,505 shares of the company's stock traded hands, compared to its average volume of 40,572. The company has a quick ratio of 0.57, a current ratio of 0.74 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average price of $15.53 and a 200-day moving average price of $13.93. J. Sainsbury has a 1 year low of $11.68 and a 1 year high of $16.43.

J. Sainsbury Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, July 21st. Shareholders of record on Monday, June 9th will be issued a dividend of $0.4798 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a yield of 4.13%. This is a positive change from J. Sainsbury's previous dividend of $0.20.

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.