Zacks Investment Research upgraded shares of J Sainsbury plc (NASDAQ:JSAIY) from a sell rating to a hold rating in a research report released on Thursday.

According to Zacks, “J Sainsbury plc is a leading UK food retailer with interests in financial services. It consists of Sainsbury’s Supermarkets, Sainsbury’s Local, Bells Stores, Jacksons Stores and JB Beaumont, Sainsbury’s Online and Sainsbury’s Bank. It employs 148,000 people. “

J Sainsbury plc (NASDAQ:JSAIY) opened at 12.38 on Thursday. The company has a market capitalization of $6.76 billion and a P/E ratio of 14.40. The company’s 50 day moving average price is $13.02 and its 200-day moving average price is $13.51. J Sainsbury plc has a 12-month low of $11.19 and a 12-month high of $14.70.

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About J Sainsbury plc

J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).

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Analyst Recommendations for J Sainsbury plc (NASDAQ:JSAIY)

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