Shares of J Sainsbury plc (OTCMKTS:JSAIY) reached a new 52-week low on Thursday . The stock traded as low as $10.43 and last traded at $10.43, with a volume of 62478 shares changing hands. The stock had previously closed at $10.68.
JSAIY has been the topic of several research reports. Zacks Investment Research cut J Sainsbury from a “buy” rating to a “hold” rating in a research report on Saturday, May 11th. ValuEngine raised J Sainsbury from a “sell” rating to a “hold” rating in a research report on Tuesday, March 19th. Kepler Capital Markets reaffirmed a “hold” rating on shares of J Sainsbury in a research report on Friday, February 22nd. Shore Capital cut J Sainsbury from a “hold” rating to a “sell” rating in a research report on Wednesday, February 20th. Finally, Berenberg Bank cut J Sainsbury from a “buy” rating to a “hold” rating in a research report on Thursday, February 21st. Four analysts have rated the stock with a sell rating and six have given a hold rating to the stock. J Sainsbury presently has a consensus rating of “Hold” and an average target price of $13.00.
The stock has a market capitalization of $5.72 billion, a P/E ratio of 9.66, a P/E/G ratio of 2.76 and a beta of 0.85.
J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and financial services activities in the United Kingdom. It operates through four segments: Retail Food; Retail General Merchandise and Clothing; Financial Services; and Property Investment.
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