J Sainsbury (LON:SBRY) Given House Stock Rating at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of J Sainsbury (LON:SBRY) in a research note published on Monday,Digital Look reports.

Separately, JPMorgan Chase & Co. dropped their target price on J Sainsbury from GBX 310 ($4.00) to GBX 305 ($3.93) and set an “overweight” rating on the stock in a research report on Monday, January 13th.

J Sainsbury Price Performance

LON SBRY opened at GBX 249.40 ($3.21) on Monday. J Sainsbury has a one year low of GBX 237.60 ($3.06) and a one year high of GBX 301.40 ($3.89). The stock has a 50-day moving average of GBX 260.95 and a 200 day moving average of GBX 270.77. The company has a market capitalization of £5.75 billion, a price-to-earnings ratio of 42.06, a PEG ratio of 0.42 and a beta of 0.67. The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66.

About J Sainsbury

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.