J Sainsbury’s (SBRY) House Stock Rating Reaffirmed at Shore Capital

J Sainsbury (LON:SBRY)‘s stock had its “house stock” rating reaffirmed by investment analysts at Shore Capital in a report released on Tuesday, Digital Look reports.

A number of other analysts have also recently commented on SBRY. Jefferies Financial Group raised J Sainsbury to a “buy” rating and set a GBX 300 ($3.79) price target for the company in a research note on Monday, April 22nd. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of J Sainsbury in a research note on Friday.

J Sainsbury Stock Performance

Shares of SBRY stock opened at GBX 253.32 ($3.20) on Tuesday. The company has a debt-to-equity ratio of 96.62, a current ratio of 0.66 and a quick ratio of 0.53. The stock has a market cap of £5.98 billion, a PE ratio of 4,210.00, a price-to-earnings-growth ratio of 0.39 and a beta of 0.66. The stock has a 50-day moving average of GBX 268.76 and a 200-day moving average of GBX 270.02. J Sainsbury has a one year low of GBX 243.80 ($3.08) and a one year high of GBX 311.16 ($3.94).

Insider Activity at J Sainsbury

In related news, insider Simon Roberts sold 189,648 shares of the business’s stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of GBX 263 ($3.33), for a total value of £498,774.24 ($630,880.65). 5.37% of the stock is owned by insiders.

J Sainsbury Company Profile

J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom and the Republic of Ireland. It operates through three segments: Retail Food, Retail General Merchandise and Clothing, and Financial Services.