J Sainsbury (LON:SBRY) Rating Reiterated by Shore Capital

Shore Capital reaffirmed their house stock rating on shares of J Sainsbury (LON:SBRY) in a research report report published on Thursday, Marketbeat reports.

SBRY has been the topic of several other research reports. Jefferies Financial Group reiterated a buy rating and set a GBX 300 ($3.96) price target on shares of J Sainsbury in a report on Tuesday, July 2nd. JPMorgan Chase & Co. reiterated an underweight rating on shares of J Sainsbury in a research note on Friday, June 28th.

J Sainsbury Price Performance

Shares of LON SBRY opened at GBX 292.60 ($3.87) on Thursday. The stock has a market cap of £6.82 billion, a price-to-earnings ratio of 4,876.67, a PEG ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. J Sainsbury has a fifty-two week low of GBX 243.80 ($3.22) and a fifty-two week high of GBX 311.16 ($4.11). The firm’s 50-day simple moving average is GBX 281.52 and its 200 day simple moving average is GBX 270.51.

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.