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.

ILLEGAL ACTIVITY NOTICE: “J Sainsbury plc (JSAIY) Stock Rating Upgraded by Zacks Investment Research” was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this story on another domain, it was stolen and republished in violation of United States and international copyright law. The original version of this story can be accessed at

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).

Get a free copy of the Zacks research report on J Sainsbury plc (JSAIY)

For more information about research offerings from Zacks Investment Research, visit

Analyst Recommendations for J Sainsbury plc (NASDAQ:JSAIY)

Receive News & Stock Ratings for J Sainsbury plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for J Sainsbury plc and related stocks with our FREE daily email newsletter.