Shore Capital Reaffirms House Stock Rating for J Sainsbury (LON:SBRY)

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

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

J Sainsbury Trading Down 2.0 %

SBRY traded down GBX 5.20 ($0.07) during trading hours on Monday, reaching GBX 253.40 ($3.22). 6,350,723 shares of the company’s stock traded hands, compared to its average volume of 23,667,820. The firm has a 50-day moving average price of GBX 261.39 and a 200 day moving average price of GBX 270.95. J Sainsbury has a 52-week low of GBX 237.60 ($3.02) and a 52-week 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. The firm has a market capitalization of £5.85 billion, a PE ratio of 42.74, a PEG ratio of 0.42 and a beta of 0.67.

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.