Shares of J Sainsbury plc (OTCMKTS:JSAIY) have received an average rating of “Hold” from the nine ratings firms that are currently covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell rating and six have given a hold rating to the company.
Several brokerages have recently issued reports on JSAIY. Berenberg Bank lowered J Sainsbury from a “buy” rating to a “hold” rating in a report on Thursday, February 21st. Kepler Capital Markets reiterated a “hold” rating on shares of J Sainsbury in a report on Friday, February 22nd. Zacks Investment Research upgraded J Sainsbury from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a report on Wednesday, March 13th. Barclays lowered J Sainsbury from an “overweight” rating to an “equal weight” rating in a report on Thursday, February 21st. Finally, Shore Capital lowered J Sainsbury from a “hold” rating to a “sell” rating in a report on Wednesday, February 20th.
OTCMKTS JSAIY traded down $0.11 during trading on Wednesday, reaching $9.95. 81,445 shares of the company’s stock were exchanged, compared to its average volume of 74,528. J Sainsbury has a fifty-two week low of $9.80 and a fifty-two week high of $17.70. The firm has a market capitalization of $5.46 billion, a PE ratio of 9.21, a PEG ratio of 2.56 and a beta of 0.91.
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail Food; Retail General Merchandise and Clothing; Financial Services; and Property Investment.
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