Shore Capital Reaffirms House Stock Rating for J Sainsbury (LON:SBRY)

J Sainsbury (LON:SBRY)‘s stock had its “house stock” rating reissued by Shore Capital in a report released on Tuesday, Marketbeat Ratings reports.

Separately, JPMorgan Chase & Co. cut their price objective on J Sainsbury from GBX 310 ($4.02) to GBX 305 ($3.96) and set an “overweight” rating for the company in a report on Monday, January 13th.

J Sainsbury Trading Down 1.2 %

Shares of J Sainsbury stock opened at GBX 255.20 ($3.31) on Tuesday. The company has a market cap of £5.89 billion, a price-to-earnings ratio of 43.04, a PEG ratio of 0.42 and a beta of 0.67. J Sainsbury has a 1 year low of GBX 237.60 ($3.08) and a 1 year high of GBX 301.40 ($3.91). The company’s fifty day simple moving average is GBX 258.83 and its 200-day simple moving average is GBX 270.17. The company has a current ratio of 0.66, a quick ratio of 0.53 and a debt-to-equity ratio of 95.36.

About J Sainsbury

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.