J Sainsbury plc (NASDAQ:JSAIY) has been given a consensus rating of “Hold” by the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

Separately, Zacks Investment Research upgraded shares of J Sainsbury plc from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Thursday, June 15th.

Shares of J Sainsbury plc (JSAIY) traded up 0.56% during midday trading on Wednesday, hitting $12.48. 12,690 shares of the stock were exchanged. The firm has a 50 day moving average of $12.84 and a 200-day moving average of $13.43. J Sainsbury plc has a 12 month low of $11.19 and a 12 month high of $14.70. The stock has a market cap of $6.81 billion and a P/E ratio of 14.65.

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J Sainsbury plc Company Profile

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).

Analyst Recommendations for J Sainsbury plc (NASDAQ:JSAIY)

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