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

Key Points

• Analysts have an average rating of "Moderate Buy" on J. Sainsbury, based on seven firms—four rate it hold, one buy and two strong buy.
• Sentiment has recently improved with notable upgrades, including Citigroup moving the stock to strong-buy and Deutsche Bank to buy, while Kepler and Zacks have raised their views from strong sell to hold.
• Shares opened at $18.77, trading within a 52-week range of $11.68–$19.90 with 50/200-day SMAs near $18.46/$18.02, and the company shows a low debt-to-equity ratio of 0.16.

Shares of J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) have earned an average rating of "Moderate Buy" from the seven research firms that are currently covering the stock, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, one has given a buy recommendation and two have issued a strong buy recommendation on the company.

A number of equities analysts have issued reports on JSAIY shares. Citigroup upgraded shares of J. Sainsbury to a "strong-buy" rating in a research report on Friday, January 9th. Jefferies Financial Group reaffirmed a "hold" rating on shares of J. Sainsbury in a research note on Sunday, December 14th. Kepler Capital Markets raised J. Sainsbury from a "strong sell" rating to a "hold" rating in a research report on Thursday, December 11th. Zacks Research upgraded J. Sainsbury from a "strong sell" rating to a "hold" rating in a research report on Friday, March 13th. Finally, Deutsche Bank Aktiengesellschaft upgraded J. Sainsbury to a "buy" rating in a research report on Wednesday, December 10th.

J. Sainsbury Stock Performance

Shares of JSAIY stock opened at $18.77 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.31 and a current ratio of 0.62. J. Sainsbury has a fifty-two week low of $11.68 and a fifty-two week high of $19.90. The business has a fifty day simple moving average of $18.46 and a 200-day simple moving average of $18.02.

About J. Sainsbury

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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