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

J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) has been assigned a consensus rating of "Buy" from the six analysts that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and three have issued a strong buy recommendation on the company.

JSAIY has been the topic of several analyst reports. Jefferies Financial Group cut J. Sainsbury from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd. Kepler Capital Markets cut J. Sainsbury from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 23rd.

J. Sainsbury Stock Performance

OTCMKTS:JSAIY traded up $0.01 during trading hours on Monday, reaching $16.09. 9,100 shares of the stock were exchanged, compared to its average volume of 38,829. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. The firm has a 50 day moving average of $15.95 and a 200 day moving average of $14.28. J. Sainsbury has a twelve month low of $11.68 and a twelve month high of $16.89.

J. Sainsbury Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, July 21st. Investors of record on Monday, June 9th were issued a $0.4798 dividend. This is a boost from J. Sainsbury's previous dividend of $0.20. The ex-dividend date was Friday, June 6th. This represents a yield of 413.0%.

About J. Sainsbury

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.