Shares of J Sainsbury plc (OTCMKTS:JSAIY) have received an average recommendation of “Hold” from the eleven brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $15.73.
Several equities analysts have recently weighed in on the company. Zacks Investment Research raised J Sainsbury from a “sell” rating to a “hold” rating in a report on Thursday, July 8th. Morgan Stanley reaffirmed an “equal weight” rating on shares of J Sainsbury in a report on Thursday, July 8th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of J Sainsbury in a report on Wednesday, July 14th. Berenberg Bank set a $15.73 target price on J Sainsbury and gave the stock a “hold” rating in a report on Monday, July 12th. Finally, Credit Suisse Group reaffirmed a “neutral” rating on shares of J Sainsbury in a report on Tuesday.
OTCMKTS JSAIY opened at $15.36 on Monday. The company’s fifty day moving average price is $15.12. The company has a current ratio of 0.60, a quick ratio of 0.46 and a debt-to-equity ratio of 0.11. J Sainsbury has a 1-year low of $9.42 and a 1-year high of $16.00.
About J Sainsbury
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Â- Food, Retail Â- General Merchandise and Clothing, and Financial Services.
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