J Sainsbury (OTCMKTS:JSAIY) Upgraded to “Buy” at UBS Group
UBS Group upgraded shares of J Sainsbury (OTCMKTS:JSAIY) from a neutral rating to a buy rating in a research report sent to investors on Tuesday, The Fly reports.
JSAIY has been the topic of several other research reports. Goldman Sachs Group raised shares of J Sainsbury from a sell rating to a neutral rating in a research report on Thursday, June 27th. Zacks Investment Research downgraded shares of J Sainsbury from a hold rating to a sell rating in a research report on Wednesday, August 28th. Finally, Barclays raised shares of J Sainsbury from an equal weight rating to an overweight rating in a research report on Monday, July 22nd. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $13.00.
OTCMKTS:JSAIY opened at $10.85 on Tuesday. The company has a market cap of $5.91 billion, a PE ratio of 10.14, a P/E/G ratio of 2.91 and a beta of 0.94. J Sainsbury has a twelve month low of $8.61 and a twelve month high of $17.04. The company has a current ratio of 0.66, a quick ratio of 0.50 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $9.76 and its two-hundred day moving average is $10.67.
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail Food; Retail General Merchandise and Clothing; Financial Services; and Property Investment.
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