J Sainsbury (LON:SBRY) Rating Increased to Buy at Jefferies Financial Group

J Sainsbury (LON:SBRY) was upgraded by stock analysts at Jefferies Financial Group to a “buy” rating in a research note issued on Monday, MarketBeat Ratings reports. The firm presently has a GBX 300 ($3.71) target price on the grocer’s stock. Jefferies Financial Group’s price objective points to a potential upside of 11.52% from the company’s current price.

Separately, Shore Capital restated a “house stock” rating on shares of J Sainsbury in a research report on Friday, April 19th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, J Sainsbury presently has a consensus rating of “Hold” and an average target price of GBX 281.67 ($3.48).

J Sainsbury Stock Performance

J Sainsbury stock opened at GBX 269 ($3.32) on Monday. J Sainsbury has a 52-week low of GBX 243.80 ($3.01) and a 52-week high of GBX 311.16 ($3.84). The firm has a market capitalization of £6.40 billion, a price-to-earnings ratio of 8,966.67, a PEG ratio of 1.42 and a beta of 0.66. The firm has a 50-day moving average price of GBX 257.69 and a two-hundred day moving average price of GBX 270.37. The company has a quick ratio of 0.53, a current ratio of 0.72 and a debt-to-equity ratio of 93.13.

J Sainsbury Company Profile

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.