J Sainsbury plc (OTCMKTS:JSAIY) has received an average rating of “Hold” from the twelve brokerages that are covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $17.37.
Several equities analysts have issued reports on the stock. Credit Suisse Group restated a “neutral” rating on shares of J Sainsbury in a research note on Tuesday, July 20th. Jefferies Financial Group downgraded shares of J Sainsbury from a “buy” rating to a “hold” rating in a research note on Monday, June 7th. Bank of America downgraded shares of J Sainsbury from a “neutral” rating to an “underperform” rating in a research note on Wednesday, August 25th. Barclays reiterated an “overweight” rating on shares of J Sainsbury in a research note on Wednesday, July 7th. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of J Sainsbury in a research note on Thursday, July 8th.
OTCMKTS JSAIY traded down $0.07 during trading hours on Tuesday, hitting $16.03. The company had a trading volume of 9,666 shares, compared to its average volume of 30,232. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.46 and a current ratio of 0.60. J Sainsbury has a 1-year low of $9.53 and a 1-year high of $18.68. The company has a market cap of $9.35 billion, a PE ratio of 26.83, a price-to-earnings-growth ratio of 0.93 and a beta of 0.47. The business has a 50 day moving average of $16.24 and a 200-day moving average of $14.85.
J Sainsbury Plc engages in the retailing, financial services, and property investment businesses. It operates through the following segments: Retail-Food, Retail-General Merchandising and Clothing, Financial Services and Property Investments. The Retail segment distributes food, general merchandise, and clothing.
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