J. Sainsbury (OTCMKTS:JSAIY) Upgraded at Zacks Research

Zacks Research upgraded shares of J. Sainsbury (OTCMKTS:JSAIY) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.

Separately, Jefferies Financial Group lowered J. Sainsbury from a “buy” rating to a “hold” rating in a research report on Thursday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

J. Sainsbury Trading Down 0.1%

Shares of JSAIY opened at $17.77 on Wednesday. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 0.16. J. Sainsbury has a 1 year low of $11.68 and a 1 year high of $18.27. The stock has a 50-day simple moving average of $16.61 and a 200-day simple moving average of $15.12.

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.