J Sainsbury plc (JSAIY) Given Consensus Rating of “Hold” by Brokerages
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).
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