J. Sainsbury (OTCMKTS:JSAIY) Upgraded at Kepler Capital Markets

Kepler Capital Markets upgraded shares of J. Sainsbury (OTCMKTS:JSAIY) from a strong sell rating to a hold rating in a research report report published on Thursday,Zacks.com reports.

A number of other brokerages also recently issued reports on JSAIY. Deutsche Bank Aktiengesellschaft upgraded J. Sainsbury to a “buy” rating in a research report on Wednesday. Citigroup raised shares of J. Sainsbury from a “hold” rating to a “buy” rating in a research note on Thursday. Finally, Zacks Research cut shares of J. Sainsbury from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

J. Sainsbury Price Performance

Shares of OTCMKTS:JSAIY opened at $17.42 on Thursday. The firm has a fifty day moving average price of $17.89 and a two-hundred day moving average price of $16.96. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.74 and a quick ratio of 0.57. J. Sainsbury has a one year low of $11.68 and a one year high of $19.17.

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 Food, Retail General Merchandise and Clothing, and Financial Services.