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

J. Sainsbury PLC (OTCMKTS:JSAIY) has been given a consensus rating of “Moderate Buy” by the seven ratings firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the company.

JSAIY has been the subject of a number of analyst reports. Kepler Capital Markets upgraded J. Sainsbury from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 11th. Deutsche Bank Aktiengesellschaft upgraded shares of J. Sainsbury to a “buy” rating in a report on Wednesday, December 10th. Zacks Research downgraded shares of J. Sainsbury from a “hold” rating to a “strong sell” rating in a report on Monday, February 16th. Jefferies Financial Group reissued a “hold” rating on shares of J. Sainsbury in a research report on Sunday, December 14th. Finally, Citigroup upgraded J. Sainsbury to a “strong-buy” rating in a research report on Friday, January 9th.

J. Sainsbury Stock Up 0.7%

OTCMKTS:JSAIY opened at $19.64 on Monday. The company has a quick ratio of 0.31, a current ratio of 0.62 and a debt-to-equity ratio of 0.16. The business has a 50 day simple moving average of $18.07 and a 200-day simple moving average of $17.72. J. Sainsbury has a 1 year low of $11.68 and a 1 year high of $19.64.

About J. Sainsbury

J. Sainsbury PLC, trading in the United States under the ticker OTCMKTS:JSAIY, is one of the United Kingdom’s leading grocery retailers. Through its primary Sainsbury’s supermarket banner and smaller convenience formats under the Sainsbury’s Local name, the company offers a wide range of food and household products. In addition to its core retail operations, Sainsbury’s extends into general merchandise and clothing under the TU brand, serving both in-store and through its established e-commerce platform.

Founded in 1869 by John James Sainsbury and his wife Mary Ann, Sainsbury’s has grown from a single dairy shop in London’s Drury Lane to a nationwide retail network.