J. Sainsbury PLC (OTCMKTS:JSAIY) Given Average Rating of “Moderate Buy” by Analysts

Shares of J. Sainsbury PLC (OTCMKTS:JSAIY) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

JSAIY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of J. Sainsbury to a “buy” rating in a research note on Wednesday, December 10th. Jefferies Financial Group reiterated a “hold” rating on shares of J. Sainsbury in a report on Sunday, December 14th. Kepler Capital Markets upgraded J. Sainsbury from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 11th. Citigroup upgraded J. Sainsbury to a “strong-buy” rating in a report on Friday, January 9th. Finally, Zacks Research cut shares of J. Sainsbury from a “hold” rating to a “strong sell” rating in a report on Monday, February 16th.

J. Sainsbury Stock Performance

Shares of JSAIY opened at $19.64 on Monday. The company has a current ratio of 0.62, a quick ratio of 0.31 and a debt-to-equity ratio of 0.16. J. Sainsbury has a 1-year low of $11.68 and a 1-year high of $19.64. The company has a 50-day moving average of $18.07 and a 200 day moving average of $17.72.

About J. Sainsbury

J. Sainsbury PLC, trading in the United States under the ticker OTCMKTS:JSAIY, is one of the United Kingdom’s leading grocery retailers. Through its primary Sainsbury’s supermarket banner and smaller convenience formats under the Sainsbury’s Local name, the company offers a wide range of food and household products. In addition to its core retail operations, Sainsbury’s extends into general merchandise and clothing under the TU brand, serving both in-store and through its established e-commerce platform.

Founded in 1869 by John James Sainsbury and his wife Mary Ann, Sainsbury’s has grown from a single dairy shop in London’s Drury Lane to a nationwide retail network.