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

J. Sainsbury PLC (OTCMKTS:JSAIY) has earned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of research firms have recently commented on JSAIY. Citigroup reissued a “neutral” rating on shares of J. Sainsbury in a report on Friday, August 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of J. Sainsbury in a report on Tuesday, August 4th. Zacks Research raised shares of J. Sainsbury from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Finally, The Goldman Sachs Group upgraded shares of J. Sainsbury from a “sell” rating to a “hold” rating in a report on Monday, August 3rd.

J. Sainsbury Stock Performance

Shares of JSAIY stock opened at $18.07 on Monday. The company has a quick ratio of 0.24, a current ratio of 0.56 and a debt-to-equity ratio of 0.16. The company has a 50-day simple moving average of $18.35 and a 200 day simple moving average of $18.12. J. Sainsbury has a 52 week low of $15.87 and a 52 week high of $19.90.

J. Sainsbury Company Profile

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.