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

Key Points

• J. Sainsbury PLC has received a consensus recommendation of "Moderate Buy" from five analysts, with three ratings as hold and two as strong buy.
• Recent changes in ratings include Zacks Research upgrading the stock from "hold" to "strong-buy" and Jefferies Financial Group downgrading from "buy" to "hold".
• As of the latest trading day, shares of J. Sainsbury opened at $17.78, with a 52-week range between $11.68 and $18.27.

J. Sainsbury PLC (OTCMKTS:JSAIY - Get Free Report) has received a consensus rating of "Moderate Buy" from the five ratings firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and two have assigned a strong buy rating to the company.

Separately, Zacks Research raised J. Sainsbury from a "hold" rating to a "strong-buy" rating in a report on Wednesday.

J. Sainsbury Stock Performance

Shares of OTCMKTS JSAIY traded down $0.01 during midday trading on Friday, reaching $17.77. 39,371 shares of the company traded hands, compared to its average volume of 26,935. The stock's 50-day simple moving average is $16.61 and its 200-day simple moving average is $15.14. J. Sainsbury has a 12 month low of $11.68 and a 12 month high of $18.27. The company has a quick ratio of 0.57, a current ratio of 0.74 and a debt-to-equity ratio of 0.16.

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.