J Sainsbury plc (JSAIY) Now Covered by Berenberg Bank
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).
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