According to Zacks, “J Sainsbury plc is a leading UK food retailer with interests in financial services. It consists of Sainsbury’s Supermarkets, Sainsbury’s Local, Bells Stores, Jacksons Stores and JB Beaumont, Sainsbury’s Online and Sainsbury’s Bank. It employs 148,000 people. “
A number of other equities analysts also recently issued reports on JSAIY. Deutsche Bank AG reiterated a buy rating on shares of J Sainsbury plc in a report on Tuesday, May 31st. Beaufort Securities restated a hold rating on shares of J Sainsbury plc in a report on Thursday, June 9th. Citigroup Inc. restated a neutral rating on shares of J Sainsbury plc in a report on Wednesday, August 31st. Finally, Societe Generale restated a hold rating on shares of J Sainsbury plc in a report on Tuesday, June 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of Hold.
Shares of J Sainsbury plc (NASDAQ:JSAIY) opened at 12.685 on Wednesday. The stock has a 50 day moving average of $12.89 and a 200-day moving average of $13.91. The stock has a market capitalization of $6.08 billion and a P/E ratio of 10.860. J Sainsbury plc has a 1-year low of $11.08 and a 1-year high of $17.17.
J Sainsbury plc Company Profile
J Sainsbury plc is engaged in grocery-related retailing and retail banking. The Company’s segments include Retailing; Financial services, and Property investments. The Retailing segment is engaged in the operation of supermarkets and convenience. The Financial services segment includes the operations of Sainsbury’s Bank plc (Sainsbury’s Bank).
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