Shore Capital Reiterates “House Stock” Rating for J Sainsbury (LON:SBRY)

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

Separately, JPMorgan Chase & Co. dropped their price objective on J Sainsbury from GBX 310 ($3.99) to GBX 305 ($3.93) and set an “overweight” rating for the company in a research note on Monday, January 13th.

J Sainsbury Price Performance

LON:SBRY traded down GBX 1.60 ($0.02) during mid-day trading on Tuesday, hitting GBX 258 ($3.32). 487,197,688 shares of the stock traded hands, compared to its average volume of 31,465,131. J Sainsbury has a 12-month low of GBX 237.60 ($3.06) and a 12-month high of GBX 301.40 ($3.88). 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 company has a market cap of £5.95 billion, a PE ratio of 43.52, a price-to-earnings-growth ratio of 0.42 and a beta of 0.67. The business’s 50-day moving average price is GBX 259.75 and its 200 day moving average price is GBX 270.42.

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.