J Sainsbury (LON:SBRY) Earns House Stock Rating from Shore Capital

Shore Capital reaffirmed their house stock rating on shares of J Sainsbury (LON:SBRY) in a research report released on Monday,Digital Look reports.

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

J Sainsbury Stock Performance

J Sainsbury stock opened at GBX 253.40 ($3.22) on Monday. The stock has a 50-day simple moving average of GBX 261.39 and a 200 day simple moving average of GBX 270.95. The stock has a market capitalization of £5.85 billion, a price-to-earnings ratio of 42.74, a P/E/G ratio of 0.42 and a beta of 0.67. J Sainsbury has a 12-month low of GBX 237.60 ($3.02) and a 12-month high of GBX 301.40 ($3.83). The company has a quick ratio of 0.53, a current ratio of 0.66 and a debt-to-equity ratio of 95.36.

J Sainsbury Company Profile

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.