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

Shore Capital restated their house stock rating on shares of J Sainsbury (LON:SBRY) in a research note issued to investors on Tuesday, MarketBeat Ratings reports.

Separately, JPMorgan Chase & Co. cut their price objective on shares of J Sainsbury from GBX 310 ($4.01) to GBX 305 ($3.95) and set an “overweight” rating on the stock in a report on Monday, January 13th.

J Sainsbury Stock Performance

Shares of J Sainsbury stock opened at GBX 258 ($3.34) on Tuesday. The company has a market capitalization of £5.95 billion, a PE ratio of 43.52, a P/E/G ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. The company has a 50-day simple moving average of GBX 259.19 and a two-hundred day simple moving average of GBX 270.26. J Sainsbury has a one year low of GBX 237.60 ($3.08) and a one year high of GBX 301.40 ($3.90).

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.