Shares of J Sainsbury plc (LON:SBRY - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 274.47 ($3.56) and traded as high as GBX 278.60 ($3.62). J Sainsbury shares last traded at GBX 275.60 ($3.58), with a volume of 5,122,637 shares traded.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on SBRY. JPMorgan Chase & Co. reaffirmed an "underweight" rating on shares of J Sainsbury in a research report on Friday, June 28th. Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 300 ($3.90) target price on shares of J Sainsbury in a research report on Tuesday, July 2nd. Finally, Shore Capital reissued a "house stock" rating on shares of J Sainsbury in a research report on Thursday, September 19th.
Check Out Our Latest Stock Analysis on J Sainsbury
J Sainsbury Price Performance
The company has a debt-to-equity ratio of 95.36, a quick ratio of 0.53 and a current ratio of 0.66. The business has a 50 day simple moving average of GBX 287.32 and a 200-day simple moving average of GBX 274.47. The firm has a market cap of £6.40 billion, a price-to-earnings ratio of 4,616.67, a P/E/G ratio of 0.42 and a beta of 0.67.
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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