Berenberg Bank started coverage on shares of J Sainsbury plc (NASDAQ:JSAIY) in a research report released on Tuesday morning, MarketBeat reports. The brokerage issued a buy rating on the stock.

Separately, Zacks Investment Research lowered shares of J Sainsbury plc from a buy rating to a hold rating in a research note on Wednesday, July 12th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. J Sainsbury plc currently has an average rating of Buy.

Shares of J Sainsbury plc (NASDAQ JSAIY) traded up 0.23% during midday trading on Tuesday, hitting $12.91. 15,944 shares of the stock were exchanged. J Sainsbury plc has a 12 month low of $11.19 and a 12 month high of $14.70. The company has a market cap of $7.05 billion and a PE ratio of 14.81. The stock has a 50 day moving average price of $12.77 and a 200-day moving average price of $13.35.

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J Sainsbury plc Company Profile

J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).

Analyst Recommendations for J Sainsbury plc (NASDAQ:JSAIY)

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