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BNP Paribas Downgrades J Sainsbury (OTCMKTS:JSAIY) to Hold

J Sainsbury logo with Retail/Wholesale background
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BNP Paribas lowered shares of J Sainsbury (OTCMKTS:JSAIY - Free Report) from a strong-buy rating to a hold rating in a report published on Tuesday morning, Marketbeat reports.

Separately, Hsbc Global Res upgraded shares of J Sainsbury from a "hold" rating to a "strong-buy" rating in a research note on Friday, March 21st. One analyst has rated the stock with a hold rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, J Sainsbury currently has a consensus rating of "Strong Buy".

Read Our Latest Stock Report on JSAIY

J Sainsbury Price Performance

Shares of J Sainsbury stock traded down $0.40 during trading on Tuesday, hitting $12.22. The company's stock had a trading volume of 53,139 shares, compared to its average volume of 44,119. The stock has a 50-day moving average price of $12.86 and a two-hundred day moving average price of $13.61. J Sainsbury has a 52 week low of $11.92 and a 52 week high of $16.43. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.57 and a current ratio of 0.74.

About J Sainsbury

(Get Free Report)

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.

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