Shore Capital Reaffirms House Stock Rating for J Sainsbury (LON:SBRY)

J Sainsbury (LON:SBRY)‘s stock had its “house stock” rating reaffirmed by research analysts at Shore Capital in a research report issued to clients and investors on Monday,Digital Look reports.

Separately, JPMorgan Chase & Co. reduced their price objective on J Sainsbury from GBX 310 ($3.94) to GBX 305 ($3.88) and set an “overweight” rating on the stock in a research note on Monday, January 13th.

J Sainsbury Price Performance

LON:SBRY traded down GBX 5.20 ($0.07) during trading hours on Monday, reaching GBX 253.40 ($3.22). The stock had a trading volume of 6,350,723 shares, compared to its average volume of 23,667,820. The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. J Sainsbury has a 52 week low of GBX 237.60 ($3.02) and a 52 week high of GBX 301.40 ($3.83). The company has a 50 day moving average price of GBX 261.39 and a two-hundred day moving average price of GBX 270.95. The stock has a market capitalization of £5.85 billion, a PE ratio of 42.74, a PEG ratio of 0.42 and a beta of 0.67.

About J Sainsbury

J Sainsbury plc is one of the UK’s leading food, general merchandise and clothing retailers.

Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority.