J. Sainsbury PLC (OTC:JSAIY) – Research analysts at Jefferies Group raised their FY2018 earnings per share (EPS) estimates for shares of J. Sainsbury PLC in a research report issued on Monday. Jefferies Group analyst J. Grzinic now forecasts that the company will post earnings of $0.95 per share for the year, up from their previous forecast of $0.94. Jefferies Group also issued estimates for J. Sainsbury PLC’s FY2019 earnings at $0.95 EPS.

ILLEGAL ACTIVITY NOTICE: “FY2018 Earnings Estimate for J. Sainsbury PLC Issued By Jefferies Group (JSAIY)” was first reported by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of US & international copyright and trademark laws. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/10/24/fy2018-earnings-estimate-for-j-sainsbury-plc-issued-by-jefferies-group-jsaiy.html.

A number of other equities research analysts have also recently issued reports on the company. Berenberg Bank assumed coverage on J. Sainsbury PLC in a research note on Tuesday, October 3rd. They set a “buy” rating on the stock. UBS AG initiated coverage on J. Sainsbury PLC in a report on Tuesday, July 4th. They set a “buy” rating on the stock.

Shares of J. Sainsbury PLC (OTC:JSAIY) traded down 0.23% during trading on Tuesday, reaching $13.24. The company’s stock had a trading volume of 13,390 shares. The company has a market cap of $7.23 billion, a PE ratio of 15.18 and a beta of 0.82. The stock’s 50 day moving average price is $13.00 and its 200 day moving average price is $13.32. J. Sainsbury PLC has a 52 week low of $11.48 and a 52 week high of $14.70.

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).

Earnings History and Estimates for J. Sainsbury PLC (OTC:JSAIY)

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.