Shares of J Sainsbury plc (OTCMKTS:JSAIY - Get Free Report) have been assigned an average recommendation of "Buy" from the six ratings firms that are presently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and three have given a strong buy recommendation to the company.
Several research analysts have weighed in on the company. BNP Paribas lowered J Sainsbury from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 1st. Hsbc Global Res upgraded J Sainsbury from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 21st. Jefferies Financial Group downgraded J Sainsbury from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, Kepler Capital Markets downgraded J Sainsbury from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 23rd.
Check Out Our Latest Stock Analysis on JSAIY
J Sainsbury Stock Up 1.0%
OTCMKTS:JSAIY opened at $15.90 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.57. J Sainsbury has a 1-year low of $11.68 and a 1-year high of $16.43. The business's fifty day moving average price is $14.60 and its 200 day moving average price is $13.67.
J Sainsbury Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, July 21st. Stockholders of record on Monday, June 9th will be issued a $0.4798 dividend. The ex-dividend date is Friday, June 6th. This is a boost from J Sainsbury's previous dividend of $0.20. This represents a dividend yield of 4.13%.
About J Sainsbury
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Get Free ReportJ 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.
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