J Sainsbury (OTCMKTS:JSAIY) Rating Lowered to "Hold" at Kepler Capital Markets

J Sainsbury (OTCMKTS:JSAIY - Get Free Report) was downgraded by equities researchers at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a note issued to investors on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on JSAIY. BNP Paribas cut shares of J Sainsbury from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 1st. Hsbc Global Res upgraded shares of J Sainsbury from a "hold" rating to a "strong-buy" rating in a research report on Friday, March 21st. Two research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy".

J Sainsbury Price Performance

J Sainsbury stock traded up $0.06 during midday trading on Wednesday, hitting $14.10. 14,877 shares of the stock were exchanged, compared to its average volume of 47,372. J Sainsbury has a fifty-two week low of $11.68 and a fifty-two week high of $16.43. The stock's 50-day simple moving average is $12.89 and its 200 day simple moving average is $13.30. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.74 and a quick ratio of 0.57.

About J Sainsbury

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.