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

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

Separately, JPMorgan Chase & Co. decreased their price target 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 Stock Performance

LON:SBRY opened at GBX 253.40 ($3.22) on Monday. The firm has a market cap of £5.85 billion, a price-to-earnings ratio of 42.74, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67. The firm’s fifty day moving average price is GBX 261.39 and its 200 day moving average price is GBX 270.95. J Sainsbury has a 1-year low of GBX 237.60 ($3.02) and a 1-year high of GBX 301.40 ($3.83). The company has a debt-to-equity ratio of 95.36, a current ratio of 0.66 and a quick ratio of 0.53.

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.