J. Sainsbury PLC (OTCMKTS:JSAIY) Given Consensus Recommendation of "Buy" by Analysts

Shares of J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) have received a consensus recommendation of "Buy" from the six analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

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

J. Sainsbury Stock Performance

JSAIY traded up $0.06 during trading on Friday, reaching $15.68. 22,201 shares of the stock traded hands, compared to its average volume of 28,435. J. Sainsbury has a fifty-two week low of $11.68 and a fifty-two week high of $16.43. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.74 and a quick ratio of 0.57. The stock's 50-day simple moving average is $14.80 and its two-hundred day simple moving average is $13.72.

J. Sainsbury Increases Dividend

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

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.