J Sainsbury plc (OTCMKTS:JSAIY) Receives Average Rating of “Buy” from Analysts

Shares of J Sainsbury plc (OTCMKTS:JSAIY) have received an average recommendation of “Buy” from the five brokerages that are presently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company.

Several equities research analysts have recently issued reports on the company. Hsbc Global Res raised J Sainsbury from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 21st. BNP Paribas downgraded J Sainsbury from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 1st. Finally, Kepler Capital Markets downgraded J Sainsbury from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 23rd.

J Sainsbury Stock Up 3.9%

Shares of OTCMKTS:JSAIY opened at $15.80 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.17. J Sainsbury has a 1 year low of $11.68 and a 1 year high of $16.43. The business has a fifty day simple moving average of $13.38 and a 200 day simple moving average of $13.33.

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.