J Sainsbury (LON:SBRY) Given House Stock Rating at Shore Capital

Shore Capital restated their house stock rating on shares of J Sainsbury (LON:SBRY) in a research report sent to investors on Thursday, Marketbeat Ratings reports.

A number of other research firms also recently weighed in on SBRY. JPMorgan Chase & Co. restated an underweight rating on shares of J Sainsbury in a research report on Friday, June 28th. Jefferies Financial Group restated a buy rating and issued a GBX 300 ($3.96) target price on shares of J Sainsbury in a research report on Tuesday, July 2nd.

J Sainsbury Stock Performance

SBRY opened at GBX 293 ($3.87) on Thursday. The company has a market capitalization of £6.83 billion, a price-to-earnings ratio of 4,886.67, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53. J Sainsbury has a 1-year low of GBX 243.80 ($3.22) and a 1-year high of GBX 311.16 ($4.11). The business has a 50 day moving average price of GBX 280.52 and a two-hundred day moving average price of GBX 269.86.

About J Sainsbury

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.